Which UK city residents spend the most on their new cars?
It’s an interesting thought really, which city spends more on their new cars? A comparison of spending patterns released by CarWow.co.uk revealed that people in Glasgow spend more on their new cars, on average, than those living in any of the other 10 biggest cities in the UK, according to new research.
With three per cent of all new cars in the UK being bought through carwow’s platform, the team were able to analyse sales to uncover purchasing trends.
The average spend on new cars by those living in the UK’s 10 biggest cities was as follows:
1. Glasgow – £26,271
2. Edinburgh – £26,166
3. London – £26,160
4. Cardiff – £24,199
5. Birmingham – £23,621
6. Sheffield – £23,495
7. Bristol – £22,988
8. Leeds – £22,753
9. Manchester – £22,118
10. Liverpool – £21,979
The CarWow data team conducting the research also discovered that in England and Wales, men spend an average of £24,844 on a new car. Women seem to spend less at £20,992.
James Hind, founder of CarWow.co.uk said: ‘What’s interesting about these findings is that although London has higher earnings, on average, than any other city, no correlation can be found between the cities in the list and the average earnings in those locations.
‘Whilst it’s easy to assume that the average spend on new cars varies depending on people’s extravagance or frugality, we shouldn’t jump to that assumption. We’ve found that the exact same make and model with the same specification can vary in price from city to city.
‘We’ve had plenty of people buying vehicles through CarWow that have opted to buy a car from a dealership many miles away from their home town, purely because the price being offered was more competitive (and they could get the car delivered straight to their driveway).