used car values
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Used Cars 25 SepAuto Trader fastest selling cars rankings defy Government's 'rule of six'
The flagship Kia Sorento SUV topped the ranking in Auto Trader’s fastest selling used car rankings as vehicles which defy Government’s “rule of six” COVID-19 rules made a strong showing this week.
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Used Cars 18 SepAuto Trader records 7.4% mid-September rise in used car prices
Auto Trader has reported a 19th straight week of used car price rises with a 7.4% mid-September increase in the average advertised value on a vehicle offered on its online marketing platform.
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Used Cars 17 SepUsed car sales decline indicated ‘cooling’ of market in August
Sales in the used car retail sector showed signs of “cooling off” according to a market report which revealed declining in activity during August – with retail sales down 3.3% year-on-year.
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Used Cars 2 SepPremium used car values ‘pandemic proof’, says Motorway
Premium used cars have been hailed as “pandemic proof” by online vehicle stocking source Motorway after the value of Land Rovers, Lexus and Maseratis rose by over 8% year-on-year.
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Used Cars 26 AugUsed car values ‘unseasonably strong’ in August, reports Cap HPI
Used car values showed little sign of an impending “market correction” as prices rose by an average of 0.2% across the sector during August, Cap HPI has reported.
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Market Insight 11 AugCox survey: Older cars on 37% of dealer forecourts post-lockdown
Cox Automotive’s monthly Dealer Sentiment Survey has found that more than a third (37%) of UK car dealers are stocking older vehicles in the wake of COVID-19 lockdown.
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Used Cars 6 AugDealers’ used car stock levels decline 30% amid post-lockdown demand
Car dealers’ used vehicle stock levels have declined by 30% as post-lockdown demand among buyers leaves businesses “grappling” with the challenge of securing fresh product for their forecourts.
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Supplier News 4 AugMotorway provides free vehicle collection amidst record online car sales
Motorway is providing free vehicle collection worth up to £500 for new dealers, to celebrate hitting the milestone of £1.6m in daily sales.
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Used Cars 4 AugJuly delivered Auto Trader's largest monthly used car price rise for two years
Used car prices showed their largest monthly price rise for two years on Auto Trader during July, with values rising 4.6% amid signs that consumer demand is continuing to grow.
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Used Cars 29 Jul
Used cars record first July values rise since 2009, says Cap HPI
Used car values rose by 0.4% during July as automotive retail's lockdown recovery delivered the month’s first price rise since 2009, Cap HPI has reported.
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Market Insight 21 JulHas COVID-19 lockdown changed buyers' views of low-emission cars?
The COVID-19 pandemic has brought about a reduction in global emissions as the economy slowed and vehicles were kept off the roads during lockdown.
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Used Cars 20 JulAston Barclay reports ‘highest ever’ used car values in Q2
Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
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Used Cars 15 JulKia's Sportage SUV the UK's most in-demand used car, research finds
The Kia Sportage SUV is the UK's most in-demand used car, according to the results of research conducted by ChooseMyCar.
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Used Cars 13 JulOlder used cars drove 3.7% June sales increase amid June stock shortages
Vehicles aged over six years helped UK car retailers drive a 3.7% increase in post lockdown used car sales during June, according to analysis by Indicata.
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Market Insight 7 Jul
Car dealers' swift transition to 'new normal' delivers steady recovery
Following a swift transition by car retailers from the COVID-19 lockdown to “the new normal” new car registrations got back on track for UK businesses in June.
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Used Cars 26 JunPost-lockdown trading delivers first June used car values rise since 2009
June delivered its first rise in used car values since 2009 in a two-tier post-lockdown market defined by increased demand for older, cheaper vehicles, according to Cap HPI.
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Supplier News 17 JunMotorway celebrates record £1.39m used cars sales in a single day
Motorway has celebrated its delivery of record volumes of used car stock to the UK’s motor retailers post-lockdown – with £1.39m of sales completed in a single day last week.
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Market Insight 8 JunCOVID-19 to cause negative ripple effect on used car values, says ASI
Large numbers of de-fleeted vehicles, postponed PCP returns and terminated PCP agreements caused by Covid-19 will cause a negative ripple effect on car values, according to Automotive Services International (ASI).
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Used Cars 15 May
Used car values ‘need to be adjusted’ amid growing sales, says Cap HPI
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
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Used Cars 13 MayAgeing stock drives European used car retailers’ COVID-19 lockdown losses
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
