European car sales have slumped by 8.2 per cent compared with last year, according to new Jato figures.
But despite the decline in sale volumes, more comma than two-thirds of people surveyed by Exchange & Mart expect to buy a car in the next six months.
And Car Dealer reports that even those who weren't planning on buying a car in the next six months were still considering purchasing a new car.
"While price is always the underlying factor influencing the decision to purchase, buyers will be looking to find the best package, as well as the best price," explained Debra Healy, digital director at Exchange & Mart.
Sale volumes in the UK, Italy and Spain all declined, reports Motor Trader, but Germany and France saw growth in their new car markets of 4.5 and 3.6 per cent respectively.
Car loan customers can take some reassurance from the fact that car prices may be cut to encourage would-be buyers back into the market.
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