The used car market has entered the second half of the year with a following wind, sustained by improving consumer confidence and favourable market conditions, according to Auto Trader’s latest Retail Price Index.
The used car market held firm in May despite the impact of two bank holidays, according to auction house BCA.
A sub-£3,000 2008-plate BMW Z4 Coupe offered the biggest profit potential at auction last month, according to Carwow.
The demand for used electric vehicles (EVs) and hybrids is on the rise, with many buyers considering them for their next car purchases, according to Motors.
Dealers struggling to find the right used cars at affordable prices may be looking in the wrong places
New analysis by finance lender Carmoola in collaboration with valuation specialist Brego has identified the Peugeot 208 as the car buyer’s favourite model.
Tactical registrations by car manufacturers impacted the used car market in April with sales of sub-12-month-old vehicles rising by 39.1% year-on-year
More than half of dealers (53%) say that electric vehicles (EVs) become much easier to sell when they are priced the same as petrol cars.
Trade-to-trade listings of electric and hybrid vehicles have jumped by 30% this year, according to new data from Dealer Auction.
The used car market could see up to 7.7 million transactions by year-end if trading continues at Q! pace, according to Cox Automotive’s latest forecast.
The Peugeot 208 is the UK’s fastest-selling used car, with petrol models up to 1 year-old taking an average of just 11 days to leave retailers’ forecourts
Jaguar has re-entered Dealer Auction’s top 10 brands for the first time since September, with an average retail margin of £3,300
MOTORS is tracking the market to see whether April’s rise is an early sign that consecutive monthly dips are halting and the market is heading for greater price stability.
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.
April saw average car values at the three-year, 60,000-mile point, fall by 1.5%, equivalent to around £300 as the market returns to seasonal norms.
UK dealers are holding fewer used EVs in stock than any other country in Europe, according to the latest INDICATA Market Watch report.
The most sought-after used car so far this year is the Ford Fiesta - despite being discontinued, a new study has revealed.
Both premium and mainstream brands offered opportunities for profit last month, according to Dealer Auction’s latest Retail Margin Monitor with a new entry from Peugeot underlining the importance of holding a varied stocklist.
Lower asking prices helped drive used car sales last month with vehicles averaging just 35 days on physical and virtual forecourts
The BMW 1 Series was one of the most desirable used cars in March, according to new auction data from Aston Barclay.
