Tactical EV registrations by manufacturers could impact used prices and increase demand, according to INDICATA UK’s latest insights report.
November saw used trade values fall by 4.2%, equivalent to £775 at the three-year age point, according to experts at cap hpi.
The ‘secret sauce’ of the top 1,000 dealerships that makes then stand out is their friendly approach and rigorous efforts to make transactions easy
The Toyota Prius has been revealed as the most desirable used EV/hybrid this month, according to remarketing expert Aston Barclay.
The average used car wholesale value had dropped 2.5% by November’s mid-month point, furthering the 4.2% decline that Cap HPI recorded in October.
Battery electric vehicles (BEV) represent 1.8% of the used market, up from 1.0% last year
Just when dealerships thought the supply pipeline might be easing, new research points to the risk of remote working delaying the entry of used car stock
Delegates to AM Live will gain tips and interesting data points and predictions that will help them make the most out of used electric vehicles (EV).
Auto Trader has launched a trended valuations tool to help retailers maximise profitability and navigate an increasingly nuanced market.
September’s plate-change, while prices and demand remained stable.
Used car values toppled in October, with the average value movement in cap Live at three years, 60,000 miles, seeing a fall of 4.2%, equivalent to £850.
South Wales-based Gravells has introduced Indicata’s used car pricing and insights platform to its five Kia and one Renault Dacia dealership.
Jaguar F-Pace has topped the list of the potentially most profitable used cars that dealers are buying in carwow online auctions, with an average resale profit margin of £4,721.
Sustained price realignment sending used prices further down
Two in three buyers (65%) considering an electric vehicle (EV) as their next car expect to purchase used rather than new, according to research commissioned by eBay Motors Group.
Growing new car sales flush older used cars into the market
Used car market to be sustained by ‘core needs’ in 2024
Sales of used diesel cars up to four years old could soon enjoy a renaissance following Rishi Sunak’s delay on banning new ICE car sales until 2035.
Over three-quarters (80%) of car buyers say they got a good or great deal on their used car despite average listing price 37% above pre-pandemic levels.
The lack of new car supply over recent years will significantly impact the UK’s car supermarkets next year who will struggle to secure used cars in the 3–5-year age bracket.
