Vertu Motors chief executive Robert Forrester has welcomed the government’s new £650 million Electric Car Grant
Automotive industry commentators are continuing to warn of the impact of new EV incentives with future values predicted to fall in the used market.
Hybrids continue to gain ground in the used market as dealers and drivers remain wary of electric vehicles, reports Autorola UK.
The National Association of Motor Auctions (NAMA) is urging sellers to maximise the residual value of their vehicles by taking full advantage of its used grading system to offer maximum asset performance.
The UK used car market has seen a spike in demand for vehicles priced under £10,000, according to exclusive analysis for AM from Cap HPI.
Superminis like the Ford Fiesta helped the UK's used car market grow by 5.5% in 2024, according to the latest data from the SMMT.
Used cars are selling at a record pace and prices are continuing to stabilise so far in 2025, according to the latest data from Auto Trader.
The UK’s used car market has seen the joint fourth strongest performance on record, according to the latest data from Cap HPI.
The UK’s wholesale car market has performed strongly in January with promising signs in retail demand and search activity too, according to NAMA.
BCA has already broken its sales record for electric vehicles with nearly 1,000 units sold in the first full week of trading in January.
The used car market is stable with only a slight decline in January so far and Cap HPI is expecting strengthening in the coming weeks.
Ford Fiesta’s legacy as the most popular car in the UK has seen it top the ‘most listed’ used car at Carwow auctions for second consecutive year.
The ability to build a good deal for customers would sway nearly half of motorists to make a used car purchase this year, according to new research.
The Ford Kuga topped Dealer Auction’s Retail Margin Monitor for profit opportunity in 2024 and the BMW brand has been highlighted as one to watch for 2025.
Competition for used hybrids and EVs listed on Dealer Auction surged in June, indicating strong dealer demand for Alternative Fuel Vehicles (AFVs) even though supply is constrained.
Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI
Advertised used car prices and dealer stock levels dipped as buyers concentrated on older essential purchase vehicles, according to Motors’ Market View for June.
Dealers are selling used cars more quickly than a year ago, perhaps reflecting the norms of stock depreciation, according to the latest Auto Trader data.
Good trade demand for ex-fleet used cars during May, particularly for petrol cars, led to an average value drop of just 0.9% (£210) for a three year, 60,000 mile car, according to Cap HPI.
Used electric vehicles were the only fuel type not to enjoy price growth with average prices dipping -0.4% MoM in April, according to Auto Trader,
