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Second-hand, imported cars from the UK continue to rise in popularity with the Irish consumer. In fact, the latest Consumer Market Monitor (CMM)* reports that second-hand cars imported from the UK will overtake the number of new cars sold in Ireland for the first time ever this year.
Thinking of buying a new car in the coming months? Then you’ve no doubt heard about Personal Contract Plans or PCPs. These car finance agreements have been getting a lot of attention – and not always for the right reasons. The Competition and Consumer Protection Commission (CCPC) recently released the first public analysis of PCPs in Ireland. The report found that a third of new car purchases in Ireland are now financed by PCP agreements.
One thousand electric cars have been registered so far this year compared to 972 for all of 2017, according to the Minister for the Diaspora and International Development, Ciaran Cannon
A surge in cheap UK imports may see used car values plummet and consequently new car sales falling in the wake of Brexit, car data experts Motorcheck.ie have warned.