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. […]
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. […]
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 […]
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 […]
Cost is the driving factor for most motorists considering buying a second-hand car, according to a new poll commissioned by the Motor Ombudsman. It found that 58% of respondents said […]
New data has revealed the UK’s fastest-selling used car. According to Auto Trader, the SEAT Leon takes an average of just 10 days to sell, more than twice as fast […]
The used car market recorded a healthy uptick in demand and sales during February, according to data from Auto Trader. It reported that demand was up eight per cent in […]
Average used car values at three years and 60,000 miles moved into the positive in February, according to data from cap hpi. An increase of 0.7%, or £50, represents the […]
The Kia XCeed is now the UK’s fastest-selling used car. According to data from Auto Trader, it takes just 14 days on average for a retailer to sell it. The all-electric […]
The National Franchised Dealers Association (NFDA) is predicting further growth for the used car market in 2024, after new figures revealed sales growth of 5.1% last year. Sales were up […]
The UK’s used car market grew by 5.1% to 7,242,692 transactions in 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Four straight quarters of growth saw sales […]
BCA has reported the first monthly rise in average UK used car values since last October. Average used car values at BCA improved by £679 in January compared to December, […]
Both transactions and demand in the used car market grew in January, according to Auto Trader’s Price Index. But while prices are showing signs of stabilising, Auto Trader data revealed […]