Used cars

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, […]

Used car sales reach record levels

Used car demand and sales reached record levels in March, according to new data from Auto Trader. Its Retail Price Index, which is based on more than 800,000 daily pricing […]

Used car prices hold firm

The used car market remained stable in March as average values at three years and 60,000 miles fell just 0.1%, or £70. According to cap hpi, this marked the strongest […]

Used car prices hold firm

Used car values at BCA fell just £34 during February, or 0.4%. The average sales price during the month was £7,564, which was still 9.4% ahead of December’s average price. […]

Auto Trader announces data partnership with ONS

The Office for National Statistics (ONS) will use Auto Trader’s market pricing data to inform its inflation measurements such as the Consumer Prices Index (CPI). Prior to the partnership, official […]

Used car market facing unprecedented shift

A new report predicts that electric vehicles will make up 28% of all used car sales in the period between 2024 and 2027. According to the latest four-year market forecast […]