used car values
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News 13 MayMotorpoint ranks top 10 unusual things left inside a part-exchanged car
A dog and a set of false teeth feature among Motorpoint’s top ten ranking of the most unusual things to be left inside vehicles by customers trading-in a car as a part-exchange.
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Used Cars 7 MaySurge in used car buyer demand drives 7.1% rise in values on Auto Trader
A 36% April surge in online traffic from used car buyers was accompanied by a 7.1% year-on-year rise in advertised vehicle values on Auto Trader.
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Used Cars 26 AprUsed car sales surged almost 16% at BCA after April 12 showroom reopenings
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
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Used Cars 13 AprPrices for used diesels reached record high during Q1 2021
Demand for used diesel cars drove prices to record hights during the first quarter of 2021, according to Autorola.
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Market Insight 7 Apr
Record car buyer engagement indicates ‘fast return to health’, says Auto Trader
Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March.
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Market Insight 1 AprUsed car values reach ‘tipping point’ ahead of post-lockdown showroom opening
Used car values have reached a “tipping point” with prices rising for the first time in five months as an easing of COVID-19 ‘Lockdown 3’ retail restrictions draw nearer, says Cap HPI.
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Market Insight 19 Mar
Car dealers’ used car price adjustments ramp-up ahead of market reawakening
Growth in the value of used cars is beginning to stabilise despite signs of an acceleration in demand from consumers as the easing of COVID-19 ‘Lockdown 3’ draws nearer, according to Auto Trader.
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Market Insight 9 MarUsed car prices rose 1.5% in February, eBay Motors Group reports
The average list price of a used car increased by 1.5% in February, climbing from £12,370 to £12,558, according to eBay Motors Group.
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Used Cars 1 Mar
Used car value ‘realignment was always likely’, says Cap HPI
Cap HPI has said that a realignment of used car price values was “always likely” after it reported a fifth consecutive month of declining vehicle prices across the sector.
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Used Cars 5 FebAuto Trader confident of used car market’s ‘quick return to health’ after lockdown
Auto Trader has said that January’s 7.4% rise in used car values has given it “confidence we’ll see a quick return to health” as COVID-19 ‘Lockdown 3’ restrictions start to ease.
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Used Cars 2 Feb
COVID-19 Lockdown 3 was catalyst for used cars’ trade value fall
A slowdown in consumers’ car buying activity and uncertainty when the current COVID-19 ‘Lockdown 3’ restrictions will end was the catalyst for a fall in used car trade prices in January.
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Used Cars 11 Jan
Auto 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.
