consumer demand

Used car values bucking trend, says BCA

LCV values hold firm

LCV values dipped just 0.3% between January and February, according to data from BCA. It reported that average values were £8,740 across the month, down just £24 on January and […]

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 […]

Dealership enquiries up for fifth month

The number of enquiries received by dealers for new and used vehicles across the UK increased by 4.2% against the same month last year and 5.3% on last month. The […]

Car enquiries enjoy March spike

New research has found that the number of enquiries for new and used cars received by dealers increased for the second month in a row in March. iTrackLEADS has reported […]

LCV values find their level

BCA has announced that LCV values averaged £9,864 in August, down from the figure of £10,220 reported in July but still ahead of May and June. Performance against guide prices […]

Used car values on the rise again

Used car values rose to £9,196 in June, according to data released by BCA, making it the first month-on-month rise in values recorded this year.  Values improved by £745 across […]

Demand ‘volatile’ in LCV market

LCV values averaged £9,800 at BCA in June, up by £283 compared to May. Year-on-year, values for June 2022 were down by £133 compared to June 2021. While average LCV […]

10 million MOTs due in autumn

Demand for MOTs is expected to rise sharply from August, according to data obtained from the DVSA by BookMyGarage. The Freedom of Information (FOI) request found that the number of […]

Used car prices up 28%

The like-for-like price of a used car has risen 28.4% in the past 12 months. According to the Auto Trader Retail Price Index, used car prices have risen for 26 […]

EV sales exceeding targets

New data has found that the UK is on course to meet the government’s electric vehicle targets, with adoption rates now ahead of the required curve. Data from the Department […]

LCV values remain healthy

LCV values remained above £10,000 for the fifth consecutive month in April, according to BCA. It reported that average values were £10,005 in April, down by just £128 (1.3%) compared […]

Car finance market reports healthy growth

Figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in February by 24% compared with the same month […]