Used cars

Used values hold firm in January

January saw used values at the three-year, 60,000-mile point reduce by a negligible 0.1%, equivalent to £90 on average, according to experts at cap hpi. The fall of 0.1% was […]

Retailers leaving £31m on the forecourt

Data from Auto Trader has suggested that retailers are missing out on a potential £31m in profit due to under-pricing. It found that across 8,000 retailers, about 47,500 cars are […]

Stability returns to car sales

Cox Automotive is predicting a more stable year for new and used car sales, after a period of volatility. It expects 2,020,050 new vehicle registrations in 2024, an increase of […]

Demand grows as prices tumble

Demand for used cars rose 11.7% in December while average values fell 5.6% to £17,064, according to Auto Trader’s Retail Price Index. Data revealed that one to three-year-old cars saw […]

Tesla Model 3 tops EV charts

New research has revealed that the Tesla Model 3 was the most popular electric vehicle in the UK last year. According to millions of searches on the cinch website, it […]

Used car price gap impacting stock levels

New data has found that dealers are struggling to replenish used car stocks as sellers are valuing their vehicles too highly. Used car prices fell about 20% last year, but […]

Vauxhall Adam most crashed car of the year

New research has found that the Vauxhall Adam was the most damaged vehicle in the UK during 2023. According to carVertical, the Vauxhall Adam was the model most likely to […]

Used car values continue falling

Used car values at three years and 60,000 miles fell by 2.1% in December, adding to a cumulative drop of 8.4% over the last two months. According to cap hpi, […]

SORN vehicle values worth a fortune

UK drivers could be sitting on about £11.2bn tied up in unused cars, a new study estimates. According to Carwow, there are now over three million cars with a SORN […]

Bumper year expected for car sales

Auto Trader is predicting that the new car market will grow four per cent next year from an estimated 1.89 million in 2023, to circa 1.97 million. It expects the […]

Used car values fall again in November

Auto Trader data has found that average used car retail prices contracted 3.8% on a year-on-year in November. This is the third consecutive month of falling prices, with a fall […]

Vertu Motors expands cap hpi partnership

The Vertu Motors group has announced a partnership with cap hpi to help manage risk and optimise profits by using the Daily Movement Report to inform its own valuation tools. […]