Sector Focus 

Have we given up on owning cars?

Have we given up on owning cars?

For many, buying a car is the second-largest purchase they will make in their lives, after their home. The number of first-time homebuyers in the UK rose to a 12-year high in August 2019, thanks in part to government initiatives such as Help to Buy. Meanwhile, the rate of car ownership by UK households has held more or less steady at around 78 per cent, largely due to the growing availability of different financing options. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now