stock turn
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Used Cars 27 JulCox Automotive downgrades 2021 used car sales forecast
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.
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Used Cars 10 MayRetailers selling used cars 7 days faster than at the start of 2021
Car dealers sold vehicles seven days faster than they did at the start of 2021 after the return of showroom retail accelerated the sector, eBay Motors has reported.
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Used Cars 10 DecCOVID-19 Lockdown 2 delivered 22% downturn in used cars sales
The UK Government’s ‘Lockdown 2’ COVID-19 mitigation measures in England contributed to a 22.1% decline in used cars sales during November, according to data from Indicata.
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Used Cars 13 Nov
Reprice and sell overage used car stock ‘immediately’, says Indicata
Indicata has advised used car retailers to reprice and sell overage used car stock “immediately” as part of efforts to get on the front foot ahead of an anticipated easing of COVID-19 trading restrictions in the New Year.
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Used Cars 6 OctSeptember delivered 10-day boost to dealers' used car stock turn
Used car retailers saw their stock turn accelerate by 10 days in September as average advertised prices rose by 1.8%, eBay Motors has reported.
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Used Cars 7 SepStock turn accelerated as demand drove used car price rise in August
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
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Used Cars 10 MarUK dealers were Europe's fastest used diesel car sellers in 2019
UK car buyers have Europe’s strongest appetite for used diesel cars according to stock turn data published by Indicata this week.
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Market Insight 14 FebFranchised car dealers more resilient to 2019 challenges, CarGurus report finds
Franchised car retailers proved more resilient than then independent used car selling counterparts during 2019’s tough trading conditions, according to the CarGurus One Voice Report.
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Used Cars 24 JanSUVs were UK’s fastest-selling used cars in 9 months of 2019
UK motorists realised their love of SUVs last year as the segment led Indicata’s monthly fastest-selling cars rankings for nine out of 12 months.
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Used Cars 19 DecElectric vehicles are UK’s fastest-selling used cars, says Cap HPI
Electric vehicles (EV) are the UK’s fastest-selling used cars, according to market data analysed by Cap HPI – taking an average of just 39 days to leave car dealers’ forecourts.
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Used Cars 15 NovAudi Q3 was October’s fastest-selling used car, says Indicata
Small SUVs dominated October’s fastest selling used car rankings as the Audi Q3 led the pack, according to data published by Indicata.
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Used Cars 21 OctUsed diesel cars make-up half AutoTrader fastest sellers ranking
Half of Auto Trader’s monthly top ten fastest selling cars rankings was made up of diesel powered vehicles as buyers demonstrated a continued appetite for the fuel type.
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Used Cars 18 SepSeat Alhambra MPV tops Auto Trader fastest selling car rankings
Seat’s Alhambra has grown its reputation as an in-demand MPV thanks to the results of sales data compiled in Auto Trader’s monthly fastest-selling cars rankings.
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Used Cars 12 SepPre-registered cars put pressure on August used car stock turn
Car retailers saw their used car stock turn speed up as an influx of pre-registered cars onto their forecourts led to the swift sale of nearly new vehicles, according to Indicata.
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Used Cars 22 AugCar supermarket stock decline sparked July sales slowdown
Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
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Used Cars 21 JunHyundai Tucson and Vauxhall Crossland X sold fastest in May, says Indicata
Hyundai’s petrol-powered Tucson SUV was the UK’s fastest selling used car for a third consecutive month as it was joined at the top of the fast-turn rankings by Vauxhall’s Crossland X during May.
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Used Cars 14 JunDealers increased stock levels in May, reveals Motors.co.uk
Car retailers increased their stock of used cars by an average of 15% in May but took longer to sell vehicles according to analysis of year-to-year trends analysed by Motors.co.uk.
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Supplier News 12 AprAuto Trader replaces i-Control with ‘more powerful’ Retail Accelerator
Auto Trader is replacing its i-Control used car stock pricing platform with a new Retail Accelerator platform in an effort to help retailers claw-back some of the £290 million lost to overage stock each year.
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Market Insight 11 AprNissan Leaf EV was Auto Trader’s fastest-selling car in March
Nissan’s Leaf electric vehicle (EV) was the fastest-selling used car on Auto Trader during March, according to the online marketing platform’s latest market data.
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Used Cars 9 AprUsed cars sell almost 20% faster on Scotland’s forecourts
Used cars are selling almost 20% faster on Scotland’s forecourts than the UK average of 31 days, according to data published by CarGurus – taking an average 25 days to turn.
