Perfect 10 for rising car sales
The UK new car market has posted its longest uninterrupted period of expansion for eight years, as registrations grew 16.7% in May to reach 145,204 units according to the latest […]
buyer demand
LCV values break £10,000 barrier
Building on a strong first quarter, average monthly LCV values at BCA continued to climb in April to reach their highest point since early 2022. Average values rose by £348 […]
EV interest plummets amidst rising costs
The government has been urged do more to encourage EV adoption as buyer interest has plummeted in the face of higher vehicle and energy prices coupled with the cost-of living […]
BCA reports strong quarterly results
BCA has reported a strong first quarter for the used car sector, as average values rose for the third month running, sold volumes continued to increase and average weekly used […]
Retailers under-pricing used cars as demand grows
New data from Auto Trader has revealed that used car prices grew in March following 10 months of softening demand. Its Retail Price Index found the average retail value of […]
Dealership sales dip despite rising enquiries
The number of enquiries for new and used cars received by dealers in February increased by 2.7% against the same month last year. According to data from iTrackLEADS, dealers saw […]
Car finance down in December
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business by value and volume fell in December 2022 by six per cent compared […]
Auto Trader reports healthy January demand
Retail prices and consumer demand have been healthy in the first few weeks of 2023. According to the latest data from the Auto Trader Price Index, the current average price […]
Demand cools for used cars
New data from the AA Used Car Index has revealed that price growth for the most popular second-hand models has slowed sharply It found that prices for the top 20 […]
Dealerships endure December dip
New research has found that enquiries to car dealerships fell by more than 10% in December compared to the same month in 2021. According to data from iTrackLEADS, enquiries fell […]
Used car prices remain robust
Used car retail prices are up 3.4% year-on-year (YoY), according to Auto Trader’s Retail Price Index data, with the current average price of a used car now £18,066. Since reaching a peak […]
New registrations surge by nearly a quarter
The UK new car market grew 23.5% in November to 142,889 registered units in the fourth consecutive month of year-on-year growth, according to new figures published by the Society of […]
