Used car values have risen by an average of £2,125 (16.6%) in each of the last four months, according to data published by Cap HPI.
Heycar has extended its Trade Up cashback scheme for dealers until September.
Car buyers boosted the consumer motor finance sector’s volumes by 12% in June – a year on from the 2020’s easing of the UK’s first coronavirus lockdown.
Auto Trader is providing retailers with new access to a stock of more than 30,000 vehicles sourced directly from consumers, it said.
Motor Connect expects to double its turnover in the coming year to £20 million as more buyers embrace online car buying.
Vertu Motors has suggested that its 2021 pre-tax profits could be up to 60% more than forecast just a month ago after continuing its “exceptional” performance in the used car market.
Used car buyers who paused their purchase to focus their attention on England’s route through the European football championships may have triggered a 26.8% boost to retail sales last week.
The UK’s ‘pingdemic’ of self-isolation alerts is combining with recruitment issues to cause staffing shortages across the remarketing sector, the Vehicle Remarketing Association (VRA) has said.
Motorpoint has revealed that it sold 61% of its used car volume online in Q1 as it accelerated its ecommerce retail offering to deliver a record start to 2021.
Cox Automotive has downgraded its used car sales forecast for 2021 as the lasting impact of COVID-19 and the global semiconductor shortage look set to result in a “market starved of supply" in Q3.
Strong levels of consumer demand in the market is continuing to drive used car price growth on Auto Trader, according to its latest data.
Premium SUVs and used sports cars are the most in-demand stock in July across Aston Barclay’s physical and online auction channels.
Haydock Stock Finance, a new division developed by Haydock Finance, have welcomed Andy Poole as its new regional manager.
Used car buyers are paying higher deposits on their motor finance deals to combat rising prices, according to new data from iVendi.
Sytner Group’s CarShop used car supermarket division has promoted its Bristol site’s head of business, Carl Jackson, into the role of regional operations director.
The 2016 Volkswagen Touareg has been revealed as the UK's fastest selling used car, taking an average of 22 days to sell.
Cox Automotive has downgraded its 2021 new car registrations forecast by 2.48% amid expectations that vehicle supply issues will leave Q3 deliveries down 17.7% on the 10-year average.
A vandal who slashed 100 tyres on a used car dealer’s forecourt has received a suspended jail sentence after admitting to the planned “revenge attack”.
Almost one-in-10 consumers intend to buy a new car in the next three months, according to new data from Deloitte.
A prestige used car dealers has told AM how a high-speed police car chase ended in a vehicle colliding with a row of forecourt display car – causing £270,000 worth of damage.
Demand for used hybrid cars has risen in the last quarter, pushing wholesale prices up by 18.7% to an average of £17,591.
Motorpoint will redevelop an LSH Auto UK Mercedes-Benz dealership near to Manchester City’s Etihad football stadium to expand its used car supermarket network into Manchester.
Cazoo is poised to invest £1 million in a new used car handover customer centre in Carlisle - the first of seven new facilities.
Semiconductor shortages, the transition to electric vehicles (EV) and “the true impact of Brexit” are among new car retail disruptions that are set to fuel a strong used car market in to 2022, says Cox Automotive.
The Nissan Leaf and VW eGolf are the two cars that are most popular choices among buyers searching for a used electric vehicle (EV).
