used car values
-
Supplier News 18 JanBCA’s festive sales programme boosted December used car sales by 25%
Used car values were up 13.2% year-on-year in December as BCA’s programme of festive auctions delivered a near-25% sales boost during the last week of 2021.
-
Market Insight 12 JanPendragon CEO Bill Berman: car supplies could take eight years to recover
Car supplies could take up to eight years to recover after component shortages and COVID-19 factory closures, according to Pendragon chief executive Bill Berman.
-
Used Cars 11 JanUsed cars' ‘strong price growth’ ahead after 30.5% December surge
Auto Trader has predicted “continued strong price growth” in the used car sector following a 30.5% surge in values during December.
-
Used Cars 20 Dec
BCA predicts used car sector stability after values declined 19% in two months
BCA said that the wholesale used car market showed signs of moving towards a “more stable” footing after average sold values declined by 19% in two months.
-
Used car 9 DecUsed car retailers will have to 'buy smarter' in competitive 2022 market
Used car prices remain at all-time highs and retailers have been told they will have to "buy smarter" to remain competitive as the trend continues into 2022.
-
Market Insight 8 DecUsed car prices never likely to dip to pre-pandemic levels, says Cox Automotive
As certain used cars were hit by “significant price decreases” in November Cox Automotive has asserted that prices will never dip back to pre-pandemic levels.
-
Used Cars 3 DecMPVs star among Auto Trader’s most appreciating used cars
MPVs continued to star in Auto Trader’s top ten ranking of the used car market’s most appreciating vehicles, with the Seat Alhambra emerging as number one in November.
-
Market Insight 19 NovUK’s used car price rises are Europe’s highest, says Indicata
The UK’s used car price rises are the highest in Europe, according to new data published by Indicata.
-
Market Insight 17 Nov
Soaring UK inflation unlikely to threaten used car demand, says Auto Trader
An 80th consecutive week of increasing used car values and the highest level of UK inflation for a decade is unlikely to temper consumers’ appetite to buy a new vehicle, Auto Trader has said.
-
Used Cars 16 NovCar dealers still under-pricing up to 60% of used cars, RTC data shows
Used car dealers are still under-pricing up to 60% of their forecourt stock, according to data published by Real Time Communications (RTC).
-
Used Cars 5 Nov
'No evidence' of end to used car price rises after 19th month of growth
Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating.
-
Market Insight 5 NovCar brand loyalty ‘vaporising’ as vehicle supply issues lengthen delivery times
Car buyers’ brand loyalty is “vaporising” in a “pressure cooker” of high demand and stalled new vehicle supplies causing lengthy delivery times, new research shows.
-
Market Insight 22 Oct
Car dealers’ used cars stock levels down 9.4% year-on-year, says Indicata
Car dealers’ used car stock levels were 9.4% down year-on-year last month and 16.5% down on September 2019, according to data published by Indicata.
-
Supplier News 14 OctValue of Motorway used car sales grew three-fold in Q3
The Motorway used car stocking portal has seen its vehicle sales grow 300% by value in Q3 after appreciating prices transformed the sector.
-
Used Cars 13 OctUsed car market ‘seasonality’ side-lined as values rose 40% in 9 months
Aston Barclay has said the seasonality of the March and September-centric car retail market has been side-lined as supply shortages triggered 40% price rises in just nine months.
-
Market Insight 12 OctAutorola reports third consecutive quarterly price rise for used diesels
Autorola has reported a third consecutive quarterly rise in online used diesel prices as new car sales continue to fall.
-
Market Insight 6 Oct
Competition for used car stock grew as retail prices rose 21.4% in September
Competition for used car stock continued to grow as used car retail values rose 21.4% in September to reach a new record high after 18 consecutive months of appreciation.
-
Market Insight 29 SepSeptember’s soaring used cars values a ‘black swan event', says Cap HPI
Record used car value increases in September have been hailed as a “black swan event” by Cap HPI, with head of valuations Derren Martin describing the seventh consecutive month of rising prices as “extraordinary”.
-
Used Cars 23 SepUsed car prices to reach levels that 'once didn't seem possible', says BCA
Used car values are likely to rise to “another new level that once didn’t seem possible” according to BCA chief operating officer Stuart Pearson.
-
Used Cars 21 SepCashflow is king as larger dealers pay premium for used car stock
Cashflow is quickly becoming king as larger car dealers and used car supermarkets pay well above market valuations to secure used car stock, according to Shoreham Vehicle Auctions (SVA) managing director Alex Wright.
