By Gary S. Vasilash

Although it isn’t exactly “buyer’s remorse,” according to a survey conducted in the U.K., 50% of vehicle buyers in the past 12 months express concern about whether or not they’re going to be able to afford the financing.

Specifically, when asked “How concerned are you about whether you can afford the payments under your current finance agreement?”

• 10% responded “very concerned”
• 40% responded “somewhat concerned”

Notably, in the “somewhat concerned” cohort, 55% were younger buyers. Perhaps reflecting a certain financial conservatism, only 16% of those 65 or older expressed that.

The survey was sponsored by ALPHERA, a part of BMW Group Financial Services.

While not auto-specific, findings of research conducted in the U.S. by Experian are more concerning.

It found that 68% of U.S. adults have or are suffering from “financial trauma.”

Including “negative thoughts, flashbacks and anxiety.”

And, again, the younger cohorts stand out:

• 73% of Gen Z adults
• 77% of Millennials

Seems like greater consideration before hitting the “buy” button might alleviate some concerns, both in the U.S. and the U.K.