BCA reports rise in used car values
Average used car values rose again in October according to data released by the BCA. It saw prices rise to £7,397 from £7,262 September, halting a trend that had seen […]
Used cars
Used car market swells in September
The UK’s used car market grew by 5.5% during the third quarter, with 1,884,160 units changing hands, according to the Society of Motor Manufacturers and Traders (SMMT). The increase marks […]
Used car values shift again in volatile market
Cap hpi is urging the industry to track used cars values closely as a volatile market continues to shift quickly. It has reported prices have already slipped 1.5% on average […]
Used car values continue downwards trend
Used car values fell in October according to data from cap hpi. It found that average three-year-old vehicles with 60,000 miles declined by 4.2%, or £850. This is the largest […]
Hyundai UK extends used-car warranty
Hyundai Motor UK has announced a new partnership with Assurant to offer its customers a five-year extended warranty for all eligible used car purchases. The five-year Hyundai Promise warranty proposition […]
Growing demand pushes up used EV prices
New data from Auto Trader has revealed that used EV prices have risen 0.6% so far in October to an average price of £32,203. However, prices are still down 19.6% […]
Smart growth for Smart Repairs
Leeds-based independent cosmetic vehicle repairer Smart Repairs has announced an increase in turnover of 25% this year and is now predicting overall turnover to to rise to more than £9.5m. […]
Used prices fall for first time in 41 months
Used car prices fell in September for the first time since March 2020, based on data from the Auto Trader Retail Price Index. The average price of a used car […]
Used petrol cars top wish-list for new drivers
New research has revealed that 98% of newly qualified driver will get a used car as their first vehicle, with 84% opting for petrol and 12% selecting a diesel model. […]
Used car values weakening
Used car values fell by their largest amount since 2008 in September. According to data from cap hpi, values dropped by 1.9%, or about £420, at the three-year, 60,000 point. […]
Used EV prices inch up in September
The price of used EVs rose in September after 12 months of consecutive decline. This is according to Auto Trader’s Retail Price Index, which has reported a 0.8% price rise […]
Customer satisfaction high despite higher prices
Over three-quarters (80%) drivers believe they got a good deal on their used car purchase despite prices still averaging 37% higher than they were before the pandemic. A CarGurus survey […]
