buyer demand

Volume models drive used car demand

Demand for used cars remains high with average selling times in June three days quicker than the same month last year. This is based on analysis of about 85 million […]

Falling BEV demand threatens 2035 deadline

A new survey has revealed that only 18% of European car buyers are considering an electric car. According to Bloomberg Intelligence, consumers still favour petrol, diesel and hybrid models over […]

New car sales hit 20-year high

New car registrations rose 14% last month to make it the best February performance for 20 years, according to the Society of Motor Manufacturers and Traders. It reported sales of […]

Demand outstripping supply in used car market

The used car market recorded a healthy uptick in demand and sales during February, according to data from Auto Trader. It reported that demand was up eight per cent in […]

Used car values set to stabilise

Average used car values at BCA ended last year at £6,918, down by £315 on November’s figure. The downturn in December continued a trend throughout the second half of 2023; […]

Used car values fall again in November

Auto Trader data has found that average used car retail prices contracted 3.8% on a year-on-year in November. This is the third consecutive month of falling prices, with a fall […]

Used car values fall again in November

November saw used trade values fall by 4.2%, or £775 at the three-year age point, according to experts at cap hpi. The news follows October’s fall of 4.2%, which means […]

Demand spikes for used EVs

The average price of a used car fell one per cent in mid-November, according to Auto Trader data but demand remains strong, particularly for alternatively fuelled vehicles. It found that […]

Used car market swells in September

The UK’s used car market grew by 5.5% during the third quarter, with 1,884,160 units changing hands, according to the Society of Motor Manufacturers and Traders (SMMT). The increase marks […]

EV interest falls sharply after 2030 delay

The government’s decision to postpone the sale of new petrol and diesel vehicles in the UK from 2030 to 2035 has had an immediate impact on buyer intentions, according to […]

New car market swells by a quarter

The new car market grew 24.4% in August with 85,657 new vehicles registered. The Society of Motor Manufacturers and Traders (SMMT) reported this was an increase of 16,799 units, although […]

LCV prices reach record high

Auctioneer Aston Barclay has reported that second-hand light commercial vehicle prices reached a new record high at the end of May. It said demand for brand new models is also […]