car prices

Used car market remains robust into 2023

Auto Trader data suggests the used car market has entered the New Year in a robust position, with both retail prices and consumer demand stable in December. Its Retail Price […]

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 […]

BCA reports softening of used car prices

Used car values averaged £8,492 at BCA in November 2022, down by £331 or 3.8% compared to October. Meanwhile, buyer engagement across BCA’s online sales programme remained robust and first-time […]

Demand still strong for used cars

Latest data from Auto Trader has revealed that used car prices remained stable last month. Average prices actually rose £300 from September to £17,863. Prices have now been neutral or […]

Used car demand still inflating prices

The average price of a used car has risen 19.5% in the last year. According to data from the Auto Trader Retail Price Index, which is based on analysis of […]

Appetite increases for used cars

Seven out of ten consumers (70%) say that used cars have become more appealing purchases than new in the last month. This is according to the very first monthly Startline […]

Used car prices rise for 22nd straight month

The latest Auto Trader Retail Price Index has reported that the average price for used cars rose to £18,067 in January. It was the 22nd consecutive month of price growth […]

Used price growth remains unchecked

Despite rising inflation, the record levels of used car price growth shows no sign of easing, with average prices increasing a massive 26.9% last week on a year-on-year (YoY). According […]

Used car values top £11k

Average used car values at BCA in October surpassed £11,000 for the second month running. October used car values averaged £11,295 – the second highest value on record and maintaining […]

Used car prices to rise into 2022

The continued growth in the used car prices shows no signs of slowing down. According to data from the Auto Trader Retail Price Index, which is based on daily pricing […]

Drivers vastly over-estimating used car values

Almost three quarters of UK motorists are unable to accurately gauge a used car’s value, according to a recent study. The survey of 2,000 car buyers, commissioned by CarGurus, asked […]