Used car values slowly softening
Used car prices were 1.1% higher in August than the same month last year. According to the Auto Trader Retail Price Index, the average price of a used car was […]
Used cars
Used car prices continue to fall
Used car values fell two per cent in August, the fifth consecutive month of falling values. According to cap hpi, the decrease was the largest recorded since the introduction of […]
Suzuki unveils new warranty scheme
Suzuki has announced its own in-house approved used car warranty. The launch of the new warranty will also help further increase customer retention as well as a higher volume of […]
Kia tops list of used car searches
A recent study has revealed that the Kia Sportage is the UK’s most searched-for used car. The study was conducted by car finance refund experts Undisclosed.co.uk, which evaluated the number […]
Used car market enjoys quarterly growth
The UK’s used car market rose by 4.1% during the second quarter of the year, with 1,832,267 units changing hands. According to the latest figures published by the Society of […]
Car values ‘precariously high’
A new report has warned that the price of used cars in the UK is ‘precariously high’. The strategic report was published by The Retail Motor Industry Federation (RMI), the […]
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 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 […]
