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. 

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