Used car prices down 0.6% – Auto Trader
Used car prices in the UK fell by 0.6% in November, according to the Auto Trader Retail Price Index. It found average prices were £16,492 across the month. When looking […]
Used cars
Used car market growth to be driven by EVs
The UK used car market is projected to rise from 7.4 million transactions in 2024 to just under 7.9 million by 2027, according to Cox Automotive. According to its Insight […]
Used car buyers turn to EVs and diesels
Used car buyers have increasingly turned to electric and diesel vehicles over the last six months to reduce fuel costs, new research indicates. December’s Startline Used Car Tracker revealed the […]
Vehicle clocking costing UK drivers £762m a year
Vehicle clocking scams are costing UK drivers £762m a year, new figures released by the vehicle history checking service carVertical reveal. Car clocking involves altering a car’s displayed mileage to […]
UK used car market holds firm
The UK used car market performed strongly in November despite consumer confidence falling following the Autumn Budget and disruption around vehicle finance. According to cap hpi, the value of an […]
Used electric vehicles save drivers up to £1,600
Used electric vehicles could save their owners up to £1,600 a year, according to new analysis carried out by the Energy and Climate Intelligence Unit (ECIU) think tank. The research […]
NFDA welcomes growth of UK used car market
The National Franchised Dealers Association (NFDA) has welcomed the news that the UK’s used car market rose 4.3% in the third quarter of the year. The reported growth meant that […]
Car finance market enjoys bouyant autumn – FLA
The Finance & Leasing Association (FLA) has reported a rise in the consumer car finance market, with new business volumes up by four per cent year-on-year in September. Meanwhile, new […]
Demand drives up BCA used car values and volumes
Used car values at BCA reached their second highest level of the year in October. It found that average values were £7,685, which was just £34 down on the average […]
Electric vehicle sales drive used car market spike
Used electric vehicle sales soared by 57% between July and September, according to new data released by the Society of Motor Manufacturers and Traders (SMMT). It found that a record […]
UK used car buyers victims of mileage fraud
New research by CarVertical has found that nearly 160,000 UK used car buyers could be victims of mileage fraud this year. About 1.9 million used cars are bought and sold […]
UK’s used car market finishing the year strong
The latest data from the Auto Trader Retail Price Index is predicting a strong end to the year for UK’s used car market. The Index, which assesses over 800,000 daily […]
