Used cars

Used car prices fall despite rising demand

New data has revealed that the average price of a used car fell marginally to £16,410 in June. According to Auto Trader, customer confidence has continued to grow in the […]

Volume models drive used car demand

Demand for used cars remains high with average selling times in June three days quicker than the same month last year. This is based on analysis of about 85 million […]

Used car values hold firm

Used car values reported its strongest June since 2009, according to cap hpi. It found that prices fell by just 0.1% in the month, or £25, at three years and […]

Administrators close to Cazoo deal

It has been reported that used car platform Motors.co.uk could be close to acquiring the marketplace division of Cazoo from its administrators. Cazoo plunged into administration last year and administrators […]

Auto Trader names UK’s fastest-selling model

The UK’s fastest-selling car for May has been revealed. According to data published by Auto Trader, the Peugeot 208 up to one-year-old finds a buyer within 11 days of retailers […]

EVs reach record high in used car sales

The used car market has made its strongest start to a year since before the pandemic, with 1,967,923 sales in the first three months of 2024. This represents a 6.5% […]

Predictability returns to used car market

Cap hpi data has suggested that used car volumes are returning to traditional trends. It found that car values at the three-year, 60,000-mile point, fell by 1.5% during April, or […]

Dealer demand sees used cars snapped up in hours

Used cars are selling to dealerships in an average time of just 36 hours, with some models attracting a buyer in only two hours. According to car-selling platform HonkHonk, which […]

Used car values bucking trend, says BCA

Used cars remain steady through March

Used car values held firm during March with average prices down just 0.6%, or £42, from February. According to data from BCA, demand for two- to four-year-old cars remains strong, […]