Buckie, Banffshire -- (SBWIRE) -- 05/06/2015 -- The luxury car market has both struggled and benefited from the recession. Sales at the top end of the market usually rise in a recession as the super rich get richer and want to spend the money they earn rather than invest. With low interest rates, there is little point in saving, so the super rich normally buy higher price goods including luxury cars. However, sales at the lower end of the luxury car spectrum tend to drop off as the middle class is squeezed and businesses cut back on their overheads.

For the UK's luxury car dealers 2014 was a good year. Sales of luxury cars across the spectrum in both the private and fleet sectors took off during the year. However, the fleet sector has seen the biggest growth. During 2014, many UK businesses started to feel more confident about the future, and they are responding by investing in better quality fleet vehicles.

Sales of Mercedes demonstrates this trend, sales of this high quality mark were strong during 2014. During 2013, 884 S class Mercedes were registered by fleet owners. In 2014, that figures was 1,335, which was an increase of 51%. However, sales of the E class Mercedes were not as good.In fact sales of this model dropped by 2.2%.

Jaguar have also benefitted from increased demand from the fleet sector. Sales of the Jaguar XJ for this sector were up by 32.6% year on year. Audi fleet sales also rose by 15.2% during 2014.

Demand from the fleet sector as a whole grew in 2014. Registrations from this sector rose by 9.3%. During 2014, 1,178,416 new cars were registered by fleet owners. The small business owner sector saw the biggest growth. Demand for this sector alone increased by 12%.

The number of fleet registrations virtually matched those for the private sector during 2014. There were 1,179,499 new private registrations. That was also an increase on the year before. There were 9.8% more private new car registrations than during 2013.

Car dealers in Banffshire, and most other parts of the UK, are anticipating growth during 2015, and that expectation has certainly been met during the first three months of the year. The general election is likely to have a braking effect during April and May, but sales should take off again after that.

For more information visit the website http://www.moravianmotors.co.uk/

For Media Contact:
First Name: Allan
Last Name: Smith
Business Name: Moravian Motors
Address: High Street
City: Buckie
County: Banffshire
Postcode: AB56 4AD
Country: Scotland
Phone No.: 01542 833977
Email: sales@moravianmotors.co.uk
Website: http://www.moravianmotors.co.uk/