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% […]
car prices
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 […]
July dip in used car values
Used car values fell by 1.9% in July despite healthy wholesale activity, according to data experts at cap hpi. The fall of 1.9%, or £350 on average, is a larger […]
EV values expected to plateau
Experts at cap hpi have predicted a stabilising of electric vehicle values in the second half of the year. The market has been disrupted in the first half of the […]
Used values increase in May
BCA has reported that used car values improved in May, up by one per cent to an average price of £8,403. Performance against guide prices improved by 1.6% compared to […]
Used car prices 38% up in three years
New data has revealed the lasting impact of the Covid-19 pandemic on prices of Britain’s best-selling used cars. On 1 June 2020, the UK government allowed car showrooms to welcome […]
