Press Release: Lam-boom-ghini! Even As UK Car Market Faces Slump, Supercars More Popular Than Ever
- 40% more supercars on UK roads than 5 years ago, while the broader UK car market has declined by 9.3%*
- 69% rise in Ferraris and 54% rise in Lamborghinis registered compared to 2013
There are 40% more supercars on UK roads than there were five years ago, according to research by car buying comparison site Motorway.co.uk. Slowing consumer spending and a declining car market haven’t stalled the rise of the supercar, as the numbers registered to drive on UK roads has increased by almost 8% (7.7%) in the past year alone.
A new red Ferrari still turns heads, and nothing exemplifies the excesses of the supercar more than a garishly coloured Lamborghini – but just how many supercars are there on UK roads? More than you think. According to Motorway.co.uk research analysing the latest DVLA data, there are over 36,000 supercars currently registered in the UK.
Pensions Minister Steve Webb joked in 2014 that retirees should be free to spend their pension pots on a Lamborghini if they wanted to. While it’s unlikely many pensioners did spend big on a new Lambo, numbers have risen from less than 800 in 2013 to more than 1,300 on the road in 2017 – an increase of 54%.
And if you thought an electric supercar would never take off, think again. The BMW i8, the world’s first petrol-electric hybrid supercar, has proved a huge success if UK registrations are anything to go by. There are 1,747 currently registered in the UK in 2017; that’s 14.6% more than last year, and over six times (526%) more than in 2014 (its year of release).
The following table shows the number of supercars registered to drive on UK roads between 2013 and 2017:
|Aston Martin (DB7, DB9, DB11)||6,256||6,305||6,290||6,336||6,734|
|Bentley (Continental, Flying Spur)||11,058||11,763||12,622||13,329||19,963|
|Ferrari (all models)||4,174||5,211||5,692||6,077||6,077|
|Koenigsegg (all models)||1||1||4||6||8|
|Lamborghini (all models)||796||828||995||1,112||1,277|
|McLaren (all models)||280||286||350||567||781|
|Mercedes (AMG G55, G63, GT)||136||221||557||980||1,148|
|Porsche (GT2, GT3)||811||998||1,052||1,170||1,319|
|Total supercar registrations||25,819||28,287||30,806||33,168||36,220|
Alex Buttle, director of car buying comparison website Motorway.co.uk, comments:
“Recent figures revealed that the UK is the supercar capital of the world when it comes to production, with the UK specialist car market set to almost double by 2020**. And while many of these cars head overseas, our research shows that lots are being bought by wealthy UK customers – so don’t be surprised to see more Bentleys, Aston Martins and Ferraris parked up on double yellows in years to come.
“As the recent Pendragon profit warnings attest, the UK new car industry at large is under huge pressure as low consumer confidence hits sales for regular car makes and models. But Brexit fears and toxin taxes don’t seem to have put the dampeners on the super-rich spending big on supercars.”
Motorway.co.uk analysed the most recent Department of Transport data on cars registered in the UK roads by year. Motorway.co.uk considered the following supercars for this research.
- Aston Martin (DB7, DB9, DB11)
- Audi R8
- Bentley (Continental, Flying Spur, Mulsanne)
- BMW i8
- Ferrari (all models)
- Koenigsegg (all models)
- Lamborghini (all models)
- McLaren (all models)
- Mercedes AMG GT
- Mercedes G Wagon (AMG G55, AMG G63)
- Porsche (GT2, GT2)
* The UK new car market declined for a sixth consecutive month in September 2017, with 426,170 new units registered, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). Registrations fell by -9.3% in this key month (vs. 2016), as economic and political uncertainty, and confusion over air quality plans led to a fall in consumer confidence.
** October 2017 data released from SMMT suggests annual production of specialist, low-volume cars is to hit 52,000 vehicles by 2020 – a 60% rise – provided the right post Brexit conditions prevail.