With the end of the year fast approaching, now is a good time to look ahead to what trends will be shaping the car industry in 2023 in what could be a very busy year.
Digital Car Sales
One of the biggest trends to emerge in the car industry as a result of COVID-19 has been the rise of digital car sales. With showrooms and dealerships forced to close for extended periods, the auto industry was forced into online sales and can make the car buying process much easier and more convenient.
Leasing at the Forefront
Many motorists are opting for leasing as opposed to buying and it is easy to see why. Leasing allows you to drive a brand new car every few years, you are able to avoid depreciation and maintenance is often included in the monthly fee. Leasing provides freedom and flexibility and can also make a lot of sense financially, which could be a key for those looking to make savings. If you have any plans to buy or sell a car in the coming year, it might be helpful to be aware of leasing as the industry is going through so much change right now.
Connected Vehicles
Technology continues to develop and evolve impacting all areas of life. This is certainly true in the auto industry with connected cars looking to be a major trend in 2023. Connected cars enable you to control various aspects of the vehicle remotely and can “communicate” with other vehicles on the road, which can be useful for traffic and safety updates amongst various other uses.
Also read: Best Comments for a New Car
Electric Vehicles
Electric vehicle sales continue to rise with the public becoming increasingly eco-conscious along with the Government pushing for people to make the switch. 2023 could be a huge year for the electric car market as people start to make larger financial decisions once again following the pandemic. There are now many different types of electric cars to choose from, the charging infrastructure is constantly improving (charging points currently outnumber petrol stations) and battery technology has developed. Switching to an electric car can be expensive, but motorists should look to the huge financial benefits in the long run as well as the green advantages.
These are the main trends that are set to dominate the auto industry in 2023. It will be an interesting and potentially busy year in the car industry as life tentatively returns to normal and many motorists could be looking to make a change in the year ahead.
