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Heavy incentives to support continued UK growth

Whilst the UK stood out as bucking the auto sales trend across Europe John Leech, head of KPMG's UK automotive group said that around half of 2012’s growth could be due to self- registrations. With Ford publically offering 12% discount and a number of OEMs offering heavily sub-vented finance, even as low as 0%, 2013 is really set to see a round of heavy discounting which will continue to support new car sales in the UK but which in turn may adversely affect the value of younger used vehicles.

http://www.reuters.com/article/2013/02/19/autos-britain-idUSL6N0BI4H220130219