So says Andrew Jackson, head of analytics at Glass’s, highlighting that autumn/winter is a quieter season typically for registration, which usually settle to around 6% per month of the annual volume registered – with the next significant event being at the plate change in March next year.

Commenting on the outlook for this month, he said: ‘November has traditionally followed in October’s shadow, as potential buyers begin to consider the coming festivities and balancing finances. Based on Glass’s SAAR the month should hit the region of 154,000 vehicles which would signify a growth of 2% year-on year and puts the UK on course to register circa 2.24 million vehicles in 2013. It is also confirmation that the exceptional growth seen over the year has begun to resolve to a steadier pace and gives further weight to the notion that a more modest rate of growth is the shape of things to come.’

Earlier this month, the Society of Motor Manufacturers and Traders (SMMT) raised its forecast for 2013 registrations from 2.22 million to 2.25 million units – 10% ahead of last year – following the 4% rise in new car registrations. The organisation also forecast that the market will stabilise and grow at around 1% in 2014 and 2015.