Leading warranty providers, Click4Warranty, have responded to news that economy growth in the UK has positively impacted the used car market.
A new report on Q1 from Glass has revealed an 11% increase in people buying used cars in the first three months of the year, compared to this time in 2013. Strong demand in the insurance sector, as well as the dealer, fleet and finance sectors, have been cited as possible reasons for this growing success. When purchasing a used car, such as an Audi, it is vital that you look for the best deal in used Audi warranty such as that provided by Click4Warranty.
Ed Hummel, Glass’s sale director said: “Without doubt we have seen a real growth in demand from customers in these key sectors. It’s a sign that the automotive industry is feeling more confident, and we are definitely seeing the green shoots of economic recovery.
“Q1 generally sets the trend for the forthcoming year. I think we’ll see sentiment in the used car market continue to strengthen over the coming months. Consumer confidence is improving, new car sales are increasing and that’s helping to drive volumes in the used car market. The outlook for this year should be a positive one.”
Experts in used car warranty plans, Click4Warranty has responded to this positive news and celebrated the growing demand for affordable warranty deals for used cars. A spokesperson for the company said:
“It is incredibly important to purchase extended warranty when buying a used car, as you don’t want to be caught out if and when repairs are needed. With the economy growing in the UK, it’s encouraging to see that the used car market is regaining its popularity, and demand for affordable, reasonable used car insurance, such as warranty for Audi, is also growing stronger and stronger. With Q1 figures typically signalling the mood for the rest of the year, 2014 could see a welcome surge in the used car warranty sector.”
Click4Warranty is recognised as the nation’s original and best warranty provider. Highly respected and trusted, the UK based firm has delivered thousands of innovative products over the past 20 years to a profile of very satisfied customers. Click4Warranty is the only online provider focused on providing quality, flexible insurance products to our consumers. As well as being FCA registered the company is also a member of the Financial Ombudsman service (FOS) and the Financial Services Compensation Scheme (FSCS).
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