Taxi drivers need to decide whether to purchase a brand new car or a used one to conduct their taxi service business. The decision is often dictated by his or her financial circumstances and in the current economic climate there will possibly be a number of taxi drivers who purchase a second hand car. However, for those who are considering buying a new car they may find it of interest to read that there was a small increase in the number of new cars registered in October 2025 in the UK.

According to data recently published by the Society of Motor Manufacturers and Traders (SMMT) the number of new cars sold in October 2025 in the UK amounted to 144, 948 compared to 144,288 in October 2024. This was an increase of 0.5%. Yes – a small increase but nevertheless an increase.

The number of new cars sold for the private sector in October 2025 in the UK amounted to 55,950 compared to 54,852 in the same month in 2024 – a rise of 2.0%. The number of new cars registered in October 2025 for the fleet sector totaled 85,370 compared to 86,701 in October last year – a drop of 1.5%. The number of new car sales in October 2025 in the business sector amounted to 3,628 compared to 2,735 in October 2024 – a big increase in percentage terms of 32.7%.

On a year to date basis to October 2025 the number of new cars sold in the UK amounted to 1,723,120 compared to 1,658,382 for the same period last year. This equates to a rise of 3.9%.

The top 5 selling new cars in the UK in October 2025 were: –

1. Ford Puma 4,418
2. Kia Sportage 3,431
3. MINI Cooper 2,653
4. Volkswagen Golf 2,621
5. Nissan Juke 2,617

The top 5 selling new cars in the UK on a year to date basis to October 2025 were: –

1. Ford Puma 45,949
2. Kia Sportage 42,164
3. Nissan Qashqai 35,250
4. Vauxhall Corsa 31,675
5. Nissan Juke 29,612

In an ideal world, a number of taxi drivers would prefer to be in a financial position to buy a new car for their taxi service. After all, there will no doubt be quite a lot of passengers who would prefer to be transported from one destination to another in a new taxi rather than one that is several years old and looks a little worse for wear both on the outside of the vehicle and inside the taxi.

Another potential benefit of purchasing a new car for your taxi service is that the maintenance and repair costs are likely to be lower than that of a used car.