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.
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.
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.
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.
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.
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.
Used car dealers sold Ford Kas more quickly than any other used car last year, according to data from Indicata.
The Vauxhall Mokka finished top of Auto Trader’s fastest selling cars of 2018 rankings – with SUVs filling eight of the top 10 places.
Pricing a car correctly is intricately linked with stock turn and profitability – we asked dealers how they hit the sweet spot
Diesel was the fastest-selling fuel type during April as the Mitsubishi Outlander topped Auto Trader’s monthly list of successful sellers during April.
Lexus is the quickest used car brand for Britain’s motorists to convert into cash as dealers snap up forecourt stock, according to new figures compiled by Wizzle.
Cap HPI is urging dealers keep a careful eye on stock turn as research shows pressure on margins over a 12 week period.
