Car sales struggle during the January squeeze

Increasing property and tax bills are keeping buyers away from the dealerships this January, as car sales lag behind from this time last year.

80,000 cars are typically sold in Ireland each year, but experts report that this number is expected to fall by as many as 5000 vehicles this year, following early reports in 2013 sales.

Whilst the new ‘131’ registration is proving popular, many of these cars are reported to have been ordered towards the end of 2012, and so their popularity on the roads has not been felt at the forecourts.

Small family hatchbacks with diesel engines and attracting low CO2 emission bands are expected to prove popular again, as consumers continue to curb their spending in wake of rising costs from last year and over the Christmas period.

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