Used cars

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 […]

Cost counts most for used car buyers

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 […]

Fastest selling used car named

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 […]

Demand outstripping supply in used car market

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 […]

Used car values inch up again

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 […]

NFDA optimistic for used car growth

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 […]

Used car sales to seven million mark

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 […]

Used car values up 10%

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, […]

Demand strong for used cars

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 […]