Used cars

SMR risks rise as car parc ages

Servicing, maintenance and repair (SMR) issues are likely to plague fleet managers and businesses throughout 2023 thanks to a “perfect storm” of ageing vehicles and grey fleet maintenance spend avoidance. […]

Used car prices record 32nd month of growth

The latest data from Auto Trader’s Retail Price Index has revealed that used car retail prices remain stable. The data, which is based on circa 900,000 daily pricing observations, shows […]

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 market records 29th month of growth

The latest data from the Auto Trader Retail Price Index suggests the used car market remains strong. It found that average used car prices continued to grow year-on-year in August, […]

Buyer demand dips by a fifth in August

Demand for new and used vehicles declined in August against the same month last year, according to data from lead management experts at iTrackLEADS.

VWFS reveals record finance levels

Volkswagen Financial Services UK (VWFS) has financed a record 100,000 used cars so far this year. It activated more than 10,000 used finance cases in July alone and is now […]

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 […]

Car buyers reacting to cost of living crisis

New research from What Car? has found that the cost of living crisis is causing car buyers to delay their purchases, reduce their budgets and consider different makes and models […]

Cazoo announces Italian expansion

Online car retailer Cazoo has announced that it has launched in Italy. The company owns and reconditions its cars before delivering them to customers in just a few days, offering […]

Satisfaction high despite used car prices

More than eight in 10 (84%) of UK car buyers are satisfied they got a great or good deal on their most recent used car purchase. That’s despite data from […]

Demand dips for used vehicles

Demand for new and used vehicles fell in May as overall consumer enquiries declined by 23%. This is according to lead management experts at iTrackLEADS, which also found that dealers […]

Used car values beginning to realign

Used car values averaged £8,552 at BCA in April 2022 as the used marketplace continued to level out in the face of numerous external economic pressures. Values were on a […]