Used car values shift again in volatile market
Cap hpi is urging the industry to track used cars values closely as a volatile market continues to shift quickly. It has reported prices have already slipped 1.5% on average […]
car prices
Used car values continue downwards trajectory
Average used car retail prices contracted on a year-on-year basis for the second consecutive month in October, dropping 1.7% like-for-like. According to the Auto Trader Price Index, the current rate […]
Cost still main barrier to EV switch
More than six in 10 UK drivers say they won’t buy an electric vehicle because they are too expensive. According to the National Franchised Dealers Association’s (NFDA) Consumer Attitude Survey […]
Used car values continue downwards trend
Used car values fell in October according to data from cap hpi. It found that average three-year-old vehicles with 60,000 miles declined by 4.2%, or £850. This is the largest […]
Growing demand pushes up used EV prices
New data from Auto Trader has revealed that used EV prices have risen 0.6% so far in October to an average price of £32,203. However, prices are still down 19.6% […]
Used prices fall for first time in 41 months
Used car prices fell in September for the first time since March 2020, based on data from the Auto Trader Retail Price Index. The average price of a used car […]
Used car values weakening
Used car values fell by their largest amount since 2008 in September. According to data from cap hpi, values dropped by 1.9%, or about £420, at the three-year, 60,000 point. […]
NAMA reports steady demand
The National Association of Motor Auctions (NAMA) has reported that the UK market is holding steady and expected to remain robust for the rest of the year. It reported that […]
Used EV prices inch up in September
The price of used EVs rose in September after 12 months of consecutive decline. This is according to Auto Trader’s Retail Price Index, which has reported a 0.8% price rise […]
Customer satisfaction high despite higher prices
Over three-quarters (80%) drivers believe they got a good deal on their used car purchase despite prices still averaging 37% higher than they were before the pandemic. A CarGurus survey […]
Used car prices continue to fall
Used car values fell two per cent in August, the fifth consecutive month of falling values. According to cap hpi, the decrease was the largest recorded since the introduction of […]
Used car prices plateau in June
Average used care values remained consistent for the third month in a row, according to BCA. It reported average prices of £8,255 with the mix of vehicles continuing to heavily […]
