Buying Online Saves Car Buyers £10 Million

LONDON – December 22, 2009: Car buyers have saved almost £10 million in 2009 by shopping at Autoquake.com, the UK’s largest online used car retailer.

By comparing its transaction prices against the Parkers guide price (www.parkers.co.uk) for franchised dealer cars*, Autoquake.com has discovered that its customers have saved £9,379,131 to the end of November. That’s an average saving of £1,352 per car. With the end of the year approaching, the total is fast closing in on the magic £10 million mark.

“That’s a huge saving,” said Autoquake.com’s Founder, Fredrik Skantze. “Ten million is enough to buy 1,796 first-class round the world tickets, 37 Maybach limousines or 15 Sunseeker powerboats.”

Vauxhall drivers alone have saved a staggering £936,329 to the end of November. Ford buyers are better off to the tune of £762,846. Those who shopped for a prestige car have also saved a huge amount compared with buying from a main dealer. BMW buyers saved an enormous £1,666,978. Mercedes drivers saved £408,000.

The biggest savings in a single month came in January, when Autoquake.com customers pocketed £1,175,652. That’s a saving of £37,924 every day. The savings peak in January is especially good news for anyone planning to buy a used car in the New Year.

“With 2009 coming to an end, we’re already looking forward to 2010,” said Skantze. “We have ambitious plans for the next 12 months, and expect to save our customers even more money next year.”

Autoquake.com is able to offer used car buyers an average saving of 17% over franchised dealers because of its innovative low cost ecommerce operation and unique sourcing model for high quality ex leasing cars directly from some of the UK’s largest leasing companies