used car values
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Used Cars 11 JanAuto Trader renews call for dealers' ‘robust’ used car pricing
Auto Trader has once again renewed its call for car retailers to “hold firm with their prices” amid optimism that pricing will remain strong in Q1 – despite the showroom closures of COVID-19 ‘Lockdown 3’
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Used Cars 11 JanPrice rises left used EVs ‘unsold on dealer forecourts’ in 2020
Used electric vehicles (EV) appear to have fallen out of favour with car buyers struggling to justify their cost in comparison to petrol and diesel alternatives, according to Autorola.
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Market Insight 17 DecBrexit uncertainty boosts “unseasonal dealer activity”, says Cox Automotive
Cox Automotive has seen “unseasonal dealer activity” towards the end of this year in the new car market ahead of a potential no-deal Brexit.
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Used Cars 10 Dec
COVID-19 Lockdown 2 delivered 22% downturn in used cars sales
The UK Government’s ‘Lockdown 2’ COVID-19 mitigation measures in England contributed to a 22.1% decline in used cars sales during November, according to data from Indicata.
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Used Cars 24 NovLand Rover sees used car price surge, Motorway finds
The average price of a used Land Rover has increased by 2% in the last month, with values up 4% year on year according to new data from Motorway.
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Market Insight 17 Nov‘Business as usual’ at used car auctions, reports NAMA
Members of the National Association of Motor Auctions (NAMA) have told the organisation that it remains “business as usual” at their remarketing centres, despite the ongoing COVID-19 crisis.
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Used Cars 17 Nov
Used car market remains healthy despite COVID-19 Lockdown 2
The used car sector is showing continued good health in the face of COVID-19 ‘Lockdown 2’, according to Auto Trader.
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Used Cars 13 Nov
Reprice and sell overage used car stock ‘immediately’, says Indicata
Indicata has advised used car retailers to reprice and sell overage used car stock “immediately” as part of efforts to get on the front foot ahead of an anticipated easing of COVID-19 trading restrictions in the New Year.
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Market Insight 6 Nov
Renewed COVID-19 lockdown fails to deter 58% of car buyers
A survey of in-market car buyers has found that 58% intend to go-ahead with their planned purchase within the next fortnight, despite the start of more stringent COVID-19 lockdown restrictions.
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Used Cars 3 Nov
Auto Trader urges dealers to ‘hold firm’ with Lockdown 2 used car prices
Car retailers have once again been urged to “hold firm” with their used vehicle pricing as the UK returns to COVID-19 lockdown this week.
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Market Insight 27 OctValues drop signals used car market shift is under way, Cap HPI says
Used car values have dropped for the first time since before March's COVID lockdown as motor retailers pushed back against high prices for cars, says Cap HPI.
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Used Cars 23 OctMotorway's private sellers’ car valuations rise as dealers compete for stock
Increasing competition for used car stock from private sellers has been revealed in Motorway data showing year-on-year growth in the valuations – with EVs showing a 34% increase.
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Used Cars 19 OctUsed car pricing volatility to follow easing of supply shortages
Following a frantic September which saw car retailers fight to sustain the market’s COVID-19 recovery Cazana director of insights, Rupert Pontin, believes a volatile period of used car pricing trends lies ahead.
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Used Cars 19 Oct
Auto Trader ‘defies naysayers’ with 23rd week of used car price rises
Auto Trader has reported its 23rd week of consecutive used car price rises as the sector continued to defy the impact of COVID with values up 8.5% between October 5 and 11.
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Used Cars 15 OctPrice drop fears may end used car values’ ‘unstoppable’ strength
Aston Barclay has reported that the “unstoppable” strength of the used car market might be about to soften after increased post-September supplies start to reach remarketing centres.
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Supplier News 14 OctMotorway offers 50% off incentive to new dealers
Motorway is offering car retailers 50% off broker fees on the first two purchases made through the Motorway Pro platform during October.
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Used Cars 13 OctBCA used car values rise 3.9% as volumes rise in strong September
BCA’s average used car sale value at auction remained above £8,000 for a fourth consecutive month after values rose by 6.9% during strong September trading.
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Used Cars 8 OctConsumer demand drives 11.3% year-to-date rise in used diesel car prices
Demand for used diesel cars has driven average values up by 11.3% to the end of Q3 2020, outstripping increases among any other fuel type, according to Autrola market data.
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Used Cars 6 OctSeptember delivered 10-day boost to dealers' used car stock turn
Used car retailers saw their stock turn accelerate by 10 days in September as average advertised prices rose by 1.8%, eBay Motors has reported.
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Used Cars 2 Oct
Used car prices see record 7.6% increase in September, says Auto Trader
Average retail used car prices on Auto Trader recorded the largest ever monthly price increase in September - increasing by 7.6% to £13,829.
