Used car market still below pre-pandemic levels
Used car transactions are expected to surpass 7.1 million units this year, which represents a 4.4% increase on 2022. However, this is still three per cent below the average pre-pandemic […]
Used cars
Used car prices plateau in June
Average used care values remained consistent for the third month in a row, according to BCA. It reported average prices of £8,255 with the mix of vehicles continuing to heavily […]
Peter Vardy to close two sites
One of Scotland’s leading automotive companies The Peter Vardy Group has announced it will close two purpose-built used car supermarkets in Dundee and Glasgow. This move comes as a result […]
July dip in used car values
Used car values fell by 1.9% in July despite healthy wholesale activity, according to data experts at cap hpi. The fall of 1.9%, or £350 on average, is a larger […]
Used car price growth eases
The rise in used car values slowed in July, slowing from a 3.2% year-on-year increase in June to 2.8%. This is according to Auto Traders Used Car Price Index, which […]
Used values increase in May
BCA has reported that used car values improved in May, up by one per cent to an average price of £8,403. Performance against guide prices improved by 1.6% compared to […]
Used car prices up for 39th consecutive month
Second-hand car prices are accelerating at their fastest rate in eight months, according to the latest data from the Auto Trader Retail Index. With an average retail value of £17,756, June […]
Used car prices continue climbing
The current average retail value for a used car is up 3.5% on last year’s levels, which were already 24% above 2021. This is according to Auto Trader’s Retail Price […]
Used car reliability revealed
Britain’s most and least reliable used cars have been revealed in the annual Used Car Reliability Survey from What Car? Analysing feedback from almost 25,000 car owners, the survey identified the […]
Used car prices 38% up in three years
New data has revealed the lasting impact of the Covid-19 pandemic on prices of Britain’s best-selling used cars. On 1 June 2020, the UK government allowed car showrooms to welcome […]
Most popular used parts revealed
In light of continuing supply chain challenges, a new study has identified the most popular used car parts for motor traders. According to ChoiceQuote, wheels, lights and grilles were overwhelmingly […]
Car enquiries slump by 17%
Automotive retailers experienced a 17.4% drop in new car enquiries during the first quarter of 2023. This is according to the latest data from automotive showroom management provider, Dealerweb, and […]
