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New car sales in the UK reached a peak of 10 in 2014, boosted by the confidence in the economic recovery, the Company automakers and Traders said.
In total, 2 47 million new cars were registered last year, up 9 of 2013 and the best annual performance since 2004.
Sales increased every month last year, with the rise of December representing the 34th consecutive monthly jump.
The SMMT said the strong performance reflected the release of pent years of recession.
Car sales have been hit hard by the economic downturn that began in 2008, with new registrations below two million dip in 2009 and 2011.
SMMT chief executive Mike Hawes said the strong performance meant car registrations in the UK were now back to levels before the recession, with only the years 2002, 2003 and 2004 saw more entries than last year.
We expect 2015 to be more stable than demand levels off, he added.
The numbers do not mean the UK has retained its ranking as the second largest EU market for car sales, after Germany.
Sales of electric cars have seen the strongest growth last year, with sales quadrupling 14498 3586 2013.
M. Hawes said with a variety of new models of plug-in time in 2015, this region should continue to grow significantly.
The SMMT data showed that the Ford Fiesta remained the best selling car in the UK, followed by the Ford Focus and Vauxhall Corsa.
Separate data from the Finance Leasing Association suggested that the majority of new cars were purchased by people using the credit.
The body of the trade in the UK for the assets, consumer sectors and automobile finance said in December that the percentage of private sales of new cars purchased by consumers on the funding provided by dealers reached a new 9 record of 75 in the twelve months to October.
Image copyright Getty Images Image Caption The Ford Fiesta was the best selling car in Britain.
There are several reasons for the stellar growth in new car sales has been undoubtedly insatiable demand following the recession and with wages growing, consumers are more confident about purchasing items price.
Those who bought cars in the premium scheme for scrap in 2010 may also have been in new vehicles and millions of PPI payments also have contributed.
Mark Ovenden, president of Ford in the UK, highlights another key factor with the strong pound and the new car market in Europe sweet, automakers have tried to sell more products in the UK, helping to maintain competitive prices on the forecourt.
But the attractive financing packages are also part of the history of personal contract purchase plans or PCP are not new, their use has skyrocketed in recent years Ford say in their own concessions are 94 cars purchased on the financing plans and most of those are general practitioners.
According Clifforth Howard, general manager at the dealership TrustFord in Barking in East London, guests can chase a Fiesta 9500 - the most popular car in the UK - providing a deposit of 500 and 166 monthly payment.
Three years later, customers can return the car and walk, make a balloon payment to buy the car outright, or roll in another case of PCP.
Customers effectively rent cars in the same way as they do mobile phones.
But some wonder if this kind of innovative financing is sustainable forecourt contracts CFP end, hundreds of thousands of cars can be pushed on the secondary market, lowering prices.
This would increase the cost of future deals PCP Rising interest rates in the coming years could send the even higher cost.
UK new sales increase up to 2014 cars 10 years BBC News, sales, high, 2014.