The credit crunch has forced new car sales to continue their downturn with a 30.9% year-on-year fall in January.
But there are more everyday savings to be made concerning cars, like buying new tyres online to keep older vehicles safe and in good shape, according to etyres, the UK’s leading online tyres firm.
Etyres has already seen a 30% year-on-year growth in its tyres sales as more cash-strapped consumers realise internet companies offer cheaper prices because their overheads are lower.
Etyres offers a free mobile tyre and battery fitting service and without expensive depots to run can offer prices up to 40% cheaper than leading fast-fit operations.
However, the car manufacturing industry is struggling to keep afloat. Ford has just announce job cuts in the UK and rather than tempting consumers with lower prices, Ford and General Motors revealed this week that they are set to put car prices up in the UK because of the falling pound.
But with just 112,087 new cars registered in the UK last month, the Society of Motor Manufacturers and Traders (SMMT) has called for more help from the Government.
The SMMT used the figures to step up calls for a so-called scrappage incentive scheme, where the Government offers financial incentives to scrap older cars when buying newer models.
But a spokesman admitted: ‘With jobs being lost, consumers appear unwilling to spend on large discretionary items like cars.’