During 2008 whilst the global recession was in its full devastating swing, new car sales fell to the lowest they had been for 12 years.

According to an article in the Daily Mail on 8 January 2009, the Society of Motor Manufacturers and Traders (SMMT) reported that there were just 2,131,795 new cars sold throughout the whole of 2008. Whilst 2.1 million may seem a lot, it’s only 177,650 each month for the entire country, which when spread out over England if it were divided up into four quarters (north, central, south east and south west), it’s a mere 44,412 cars for each area.

Fortunately, as was expected, once the recession ended, new car sales began to increase and looking at the figures published by the SMMT for the first half of this year, there have been 1,208,662 sales over the past 6 month period – almost a 20 percent increase on the same period in 2009.

So with this obvious increase in faith and belief from the consumer, is now the right time to upgrade your car?

And the simple answer is – there isn’t a straightforward answer.

To start with, if you’re looking at the bigger picture, then yes, the summer of 2010 is a suitable time to upgrade your new car, whether it means heading to Porsche dealers or to a used car dealership.

The summer is in full swing and the weather is glorious, meaning that whilst there’s likely to be more people on the forecourts, in a few weeks time chances are there’s going to be some great deals because of summer Bank Holiday sales.

Plus, if you can time it right – such as towards the end of the month when the salespeople are selling at their hardest to earn their commission in that month’s pay cheque – you’re likely to grab an absolute bargain.

Now whilst there is an argument for why right now isn’t a bad time to, for example, go to Porsche dealer and upgrade to a new model, there’s also a very strong argument for why you should just hold on a few months.

One of the main reasons behind waiting is that more and more car manufacturers are developing new cars that are either hybrid – meaning that they run on a duel fuel, such as petrol and electricity – or they’re fully electric, which means rather than refuelling at the pump, you recharge the battery once you’ve stopped.

If you’re thinking that these types of cars have been around for several years, then you’d be right. However, what you have to take into consideration is that technology has developed massively over the past few years and so whilst an electric car may have previously only been able to travel 20 miles on a single charge, you can now expect to exceed over 100.

Plus, if you’re someone who likes to buy brand new cars, a hybrid vehicle is definitely the way forward for you – a new car that falls into band M of vehicle tax will mean its Brand Cialis owners have to pay just shy of 1,000 pounds for the first year’s tax, whereas a hybrid vehicle will cost you nothing.

New car sales are on the up, which means confidence in the market is growing and although it can be tempting to rush out and buy a car now, you might be better holding off for a few weeks to gauge the market a little better – chances are, wait until the summer is over and you’ll be able to bag yourself a real bargain.

Author Bio: Jardine Motors Group UK operates a large portfolio of specialist franchises of the world’s most prestigious marques, including Audi dealers.

Category: Cars and Trucks
Keywords: porsche dealers, porsche, car dealers, porsche dealerships, sports car