used cars
-
Finance 6 AugUsed car finance led the market recovery in June, reports FLA
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June.
-
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.
-
Market Insight 6 Aug
New vehicle orders grow 12% in July, says Dealerweb
Orders placed for new vehicles grew by 12% in July, while used car demand increased by 16%, according to the latest figures from lead management firm Dealerweb.
-
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.
-
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.
-
Market Insight 3 AugCar buyers turn to local dealers after COVID-19 lockdown
The number of car buyers visiting dealerships that are less than five miles from their home has risen by 65% since the Coronavirus pandemic lockdown started.
-
Used Cars 29 JulUsed 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.
-
Market Insight 28 JulThree quarters of drivers will not buy a car without seeing it first
The number of UK drivers willing to pay for a car they haven’t seen first has fallen since last year, with three-quarters saying they would not buy one without viewing it in person.
-
Used Cars 27 JulCox Automotive online auctions demonstrate car dealers' pent-up demand
Cox Automotive has reported signs of pent-up demand in the used car market after its auctions went wholly online due to the COVID-19 pandemic.
-
People News 27 JulFormer Citroen UK MD Karl Howkins joins CD Auctions as managing director
CD Auctions has welcomed former Citroen UK managing director Karl Howkins as its new MD as part of a bid to accelerate its “plans and ambitions for the future”.
-
Used Cars 24 JulPeugeot 2008 is Auto Trader’s fastest selling used car in July
The Peugeot 2008 is currently the UK’s fastest selling used car, according to Auto Trader, as demand for SUVs grew by more than 40% since forecourts re-opened.
-
Market Insight 24 JulUsed LCV values rose by 20.8% in Q2, reports Aston Barclay
Soaring demand for vans after COVID-19 triggered a home delivery shopping culture across the UK triggered a 20.8% rise in used values during Q2, according to Aston Barclay.
-
Car Dealer News 24 JulSsangYong Motors UK adds Bury franchise to car dealership network
Used car specialist Parkhills Car Centre has become the latest addition to the Ssangyong Motors UK’s franchised car retail network – adding a dealership in Bury.
-
Latest News 23 Jul
Police officer commits ‘gross misconduct’ by running car dealership
A police officer committed gross misconduct by running a car dealership with a man with known associates in organised crime.
-
Used Cars 23 JulRetail ready used car stock boost dealers’ race to COVID-19 recovery, says VRA
Retail ready used car stock is in “high demand” among car retailers seeking ways to speed-up their business’ COVID-19 recovery by taking advantage of a post-lockdown surge in demand.
-
Car Dealer News 22 JulCar buyers remain in the market after 3 months of lockdown research
CarGurus has released its latest COVID-19 Sentiment Study, revealing the continued impact of the pandemic on the concerns, habits and hopes of UK car buyers.
-
Opinion 21 JulIs Cazoo’s Imperial Cars acquisition proof pure online retail isn’t viable?
I did consider picking this topic for my blog last week – the acquisition of Imperial Car Supermarkets in the UK by online used car start-up Cazoo last week.
-
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.
-
Used Cars 20 JulStrong used values expected to remain, says Auto Trader
Auto Trader predicts that used car values will continue to grow, while consumer demand continues to outstrip supply.
-
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.
