Used cars

Consumer demand shifts to new vehicles

Enquiries for new vehicles increased by 20% in July compared the same month last year, while orders rose 11.4%. This is according to Dealerweb, which also found that the cooling […]

New service broadens Auto Trader stock

Auto Trader has broadened its service to offer retailers access to vehicles sourced directly from consumers. This includes private stock advertised on its marketplaces, part exchanges, and private sales made […]

Recovery continues in car finance market

New business volume in the consumer car finance market grew 12% in June compared to the same month in 2020. This is according to figures released by the Finance & […]

Used car prices continue to soar

Strong consumer demand is still driving record used car price growth. According to Auto Trader analysis based on 400,000 used vehicles currently advertised on its marketplace, the average price of […]

Cinch strengthens management team

Online used car marketplace cinch has bolstered its team with two new appointments. It has named Leanne Thames as operations director and Amy Townsend as senior marketing director. Thames joins […]

Allianz develops digital portfolio

Allianz Group is investing further in digital business models by announcing it will become the insurance partner of heycar for the next five years. Heycar, owned by Mobility Trader Holding, […]

Retail sales surge past pre-pandemic levels

Retail sales in May were up 14% on the same month in 2019, with that momentum continuing and even growing into June. According to Auto Trader, the 14% rise in […]

BCA announces key contract renewal

BCA has renewed what it claims is one of the biggest volume contracts in the used automotive sector.  It has extended its contract to supply a range of key services […]

Carzam names new CCO

Carzam has appointed Audi fleet boss James Buxton to its senior leadership team as chief commercial officer. Carzam CEO Kirk O’Callaghan said: “James possesses in-depth knowledge of the fleet market […]

Used car prices accelerate through May

Used car prices were up more than eight per cent on a like-for-like basis in May, compared to the same month last year. This is according to the Auto Trader […]

RAA extends cap hpi partnership

The Retail Automotive Alliance has extended its partnership with cap hpi. The Retail Automotive Alliance is the UK’s only joint venture purchasing organisation of 27 motor dealer group members. All […]

‘Seismic’ shift in used car demand

Used car prices are undergoing a “seismic” shift upwards, according to cap hpi. Its live values reported an overall increase of 6.7% at the three-year point during May, equivalent to […]