Those in Wales and the East Midlands are the least likely to buy a new car, with only 15 percent of drivers in these regions saying they typically purchase a brand-new vehicle.
Meanwhile, 30 percent of drivers in the North West would still buy a new car even if it meant paying more.
Ryan Fulthorpe, car insurance expert at GoCompare, said: “We can see that many motorists, particularly young drivers, have future finances in mind, with the majority being persuaded to buy a nearly-new or used car if it saves money.
“Of course, when purchasing this type of vehicle, it’s vital that drivers conduct the right research and ask the right questions to ensure they’re getting the best deal.
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