Auto Trader Retail Price Index

Used car price growth remains 41.5% ahead of pre-pandemic levels

The average retail price of a used car has grown for the 27th consecutive month, reaching £17,252 in June, up 41.5% on June 2019.

11 Jul

Auto Trader’s director of data and insight, Richard Walker

Tough times to come for used car market as price increases soften

Auto Trader has urged car retailers not to “jump to rash conclusions about the health of the market” after car price rises eased in May with the prospect of tough times ahead for car buying consumers.

Market insight 9 Jun

Auto Trader becomes economic barometer for the Office for National Statistics

Auto Trader has struck-up a new partnership with the Office for National Statistics (ONS) which will see the used car marketplaces data become an official economic barometer for the authority.

Supplier news 16 May

Suggestions of tumbling used car prices ‘unfounded’, says Auto Trader

Auto Trader director of data and insights Richard Walker has stated that suggestions of tumbling used car prices “unfounded” – but conceded that demand is softening.

8 Apr

Used cars selling at record speed despite blows to consumer confidence

Auto Trader has reported that used cars are selling at record speeds, despite a continuation of year-on-year value increases.

24 Mar

Retailers' 'safety net' of high used car values could be starting to shift

BCA has suggested that high used car valuations could prove a “safety net” for car retailers as Russia’s invasion of the Ukraine compound cost of living concerns to impact consumer confidence.

3 Mar

More than one-in five nearly new cars now priced above new equivalents

More than one-in-five nearly new used cars advertised via Auto Trader are now priced above their brand-new equivalents after a further 31.3% year-on-year rise in values during January.

4 Feb

Used cars' ‘strong price growth’ ahead after 30.5% December surge

Auto Trader has predicted “continued strong price growth” in the used car sector following a 30.5% surge in values during December.

11 Jan

Richard Walker, director of data and insight at Auto Trader

Government’s COVID-19 ‘Plan B’ has little impact on used car values

Government’s ‘Plan B’ to mitigate against the approaching “tidal wave” of cases of the Omicron variant of COVID-19 have done little to dampen rising used car values, according to Auto Trader.

Market insight 15 Dec

MPVs star among Auto Trader’s most appreciating used cars

MPVs continued to star in Auto Trader’s top ten ranking of the used car market’s most appreciating vehicles, with the Seat Alhambra emerging as number one in November.

3 Dec

Soaring UK inflation unlikely to threaten used car demand, says Auto Trader

An 80th consecutive week of increasing used car values and the highest level of UK inflation for a decade is unlikely to temper consumers’ appetite to buy a new vehicle, Auto Trader has said.

Market insight 17 Nov

'No evidence' of end to used car price rises after 19th month of growth

Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating.

Market insight 5 Nov

Hyundai i30 and Mitsubishi Shogun among UK's top 5 used cars for value growth

The Hyundai i30 and Mitsubishi Shogun have been listed among Auto Trader’s ranking of the used cars that delivered the biggest retail value increases in September.

6 Oct

Sold cars graphic, Automotive Management (AM)

Competition for used car stock grew as retail prices rose 21.4% in September

Competition for used car stock continued to grow as used car retail values rose 21.4% in September to reach a new record high after 18 consecutive months of appreciation.

6 Oct

Consumer demand drives 12.6% increase in used car values on Auto Trader

Strong levels of consumer demand in the market is continuing to drive used car price growth on Auto Trader, according to its latest data.

22 Jul

Retail price of used cars leapt 11.1% in June, says Auto Trader

An 11.1% June uptick in used car prices on Auto Trader suggests that dealers have been making efforts to realign their advertising to accommodate recent months’ wholesale price surge.

6 Jul

Consumer demand drives 8.1% increase in used car values on Auto Trader

A ‘record’ 73 million visits on Auto Trader in May was accompanied by an 8.1% year-on-year (YoY) increase in the average price of a used car.

3 Jun

Surge in used car buyer demand drives 7.1% rise in values on Auto Trader

A 36% April surge in online traffic from used car buyers was accompanied by a 7.1% year-on-year rise in advertised vehicle values on Auto Trader.

7 May

Record car buyer engagement indicates ‘fast return to health’, says Auto Trader

Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March.

Market insight 7 Apr

Auto Trader confident of used car market’s ‘quick return to health’ after lockdown

Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.

5 Feb

To get the latest AM-Online
content direct to your inbox