The used car market demonstrated remarkable stability in June with average values dropping just 0.1%, or £25, for vehicles three years old with 60,000 miles.
Nearly all dealers (97%) feel they need better support from finance providers to fund the purchase of electric vehicles (EV), according to the Startline Used Car Tracker.
Novuna Vehicle Solutions has teamed up with digital remarketing platform Dealer Auction, to launch a digital marketplace for premium electric vehicles (EVs).
G3 Vehicle Auctions has invested in two experienced auctioneers after snapping up the 14-acre Cazoo wholesale facility in Bedford.
Auction house Aston Barclay is reporting fierce competition among dealers for higher-value SUVs to meet customer demand, according to its June used car desirability index.
Central Car Auctions is staging the return of physical drive-through auctions at its Glasgow site for the first time in four years.
The used car market held firm in May despite the impact of two bank holidays, according to auction house BCA.
May saw a notable 16% increase in trade-to-trade listings of EVs and hybrids on Dealer Auction, indicating a buoyant late spring market for Alternatively Fuelled Vehicles (AFVs).
The Toyota Aygo has clinched the title as overall winner of the Used Car of the Year title after Cap HPI’s team of experts and analysts saluted how cheap it was to run.
A sub-£3,000 2008-plate BMW Z4 Coupe offered the biggest profit potential at auction last month, according to Carwow.
The Range Rover Evoque has topped a list of nearly-new cars that represent good value right now, according to new analysis from AA Cars.
Dealers are selling used cars more quickly than a year ago, perhaps reflecting the norms of stock depreciation, according to the latest Auto Trader data.
Good trade demand for ex-fleet used cars during May, particularly for petrol cars, led to an average value drop of just 0.9% (£210) for a three year, 60,000 mile car, according to Cap HPI.
New Low Emission Zones (LEZs) in Scotland will most likely prompt an increase in new and used car sales activity north of the border, according to new analysis from Carwow.
Tesla has launched a charm offensive to woo back European leasing companies after repeated retail price cuts devalued their fleets.
Aston Barclay is extending its opening hours as a result of the growing volumes of used cars and LCVs coming back into the market.
Dealers could increase their used electric vehicle sales conversions by helping with a home charger installation, according to new research.
Sytner will rebrand its CarShop businesses, close one location and is in discussions to sell some other sites as part of a major strategic review.
Leasing giant Ayvens is to relaunch its Ayvens Carmarket used car remarketing platform aimed at professional car traders and dealers in the UK.
More than two thirds (68%) of dealers are finding it challenging to source the right stock at an affordable price
Used car sales continued to soar in the first three months of 2024 with more stock than ever hitting the market due to sales of new cars picking up.
Used electric vehicles were the only fuel type not to enjoy price growth with average prices dipping -0.4% MoM in April, according to Auto Trader,
The group said it will continue to focus on the used car area in the coming years as the industry moves towards an agency model.
US-based giant Lithia, the new owner of Pendragon, has unveiled plans to axe hundreds of jobs.
Auto Trader has made its Deal Builder omnichannel solution available to all FCA authorised used car retailers to trial.
