Used cars

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 […]

Dealerweb sees September surge in orders

Dealerweb has reported a 37% increase in September orders against the same month in 2020. The used market slowed for the third consecutive month with a nine per cent decline […]

Used prices set to keep soaring

Average monthly used car values at BCA surpassed £10,000 for the first time ever. Historically, used car activity has been slower in August due to the peak summer holiday season […]

Used car prices keep climbing

The average price of used cars increased 18.6% year-on-year in the second week of September. According to Auto Trader, this marks a 1.2% growth on the previous week and a three-fold […]

Used car prices still climbing

cap hpi has found that used car values are continuing their unparalleled shift upwards. It’s daily produced Live trade values reported an overall increase of 3.7% at the three-year point […]

Used car price rise beginning to taper

Used car prices may have reached a ceiling, with just 4.6% between the price of a new car and a car bought a year ago. According to BuyaCar, the average […]

Used car prices rise for 66th straight week

Consumer demand is continuing to drive record price growth, with the average price of a used car surging another 15% year-on-year in the week starting 9 August. This is according […]

BCA reports second month of record prices

BCA has reported record values in the used car market for the second consecutive month. The average used car sold for £9,513 at BCA in July, a £330 (3.6%) increase […]

Huge demand drives record used price growth

Used car prices rose 14.1% in July to a record average price of £14,781. This is according to results from the Auto Trader Retail Price Index, which is based on […]

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 & […]