Used car prices up for 39th consecutive month
Second-hand car prices are accelerating at their fastest rate in eight months, according to the latest data from the Auto Trader Retail Index. With an average retail value of £17,756, June […]
Used cars
Used car prices continue climbing
The current average retail value for a used car is up 3.5% on last year’s levels, which were already 24% above 2021. This is according to Auto Trader’s Retail Price […]
Used car reliability revealed
Britain’s most and least reliable used cars have been revealed in the annual Used Car Reliability Survey from What Car? Analysing feedback from almost 25,000 car owners, the survey identified the […]
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 […]
Most popular used parts revealed
In light of continuing supply chain challenges, a new study has identified the most popular used car parts for motor traders. According to ChoiceQuote, wheels, lights and grilles were overwhelmingly […]
Car enquiries slump by 17%
Automotive retailers experienced a 17.4% drop in new car enquiries during the first quarter of 2023. This is according to the latest data from automotive showroom management provider, Dealerweb, and […]
Drivers intimidated by used car confusion
New research has found that motorists do not understand how much buying a used car will really cost them, making the process intimidating, complex, and stressful. The report by digital […]
Used car prices still climbing
The latest data from Auto Trader has found that the current average price of a used car is £17,946, which equates to a 3.6% year-on-year increase on a like-for-like basis. It […]
Used car market buoyant in first quarter
The UK’s used car market grew 4.1% in the first quarter of 2023 following three successive quarters of decline, according to the Society of Motor Manufacturers and Traders (SMMT). It […]
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 […]
History matters for used car buyers
Three quarters of motorists would only buy a used vehicle that has a full or nearly full service history. New data by BookMyGarage has found that more than four-in-10 drivers […]
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 […]
