The used car market maintained stability in March, with prices and stock levels holding steady while dealers experienced a welcome improvement in days to sell, according to Motors’ latest Market View report.
The speed at which used cars are selling is continuing to accelerate with vehicles taking an average of just 25 days to sell in March, according to the latest data from Auto Trader.
March saw values in CAP Live remain steady, with the headline movement at the three-year, 60,000-mile benchmark recording no change or 0%
Derby-based NK Motors, one of the UK’s top-performing car dealerships, is set to open a new showroom in Long Eaton, 25 years after acquiring the site.
AM100 motor retailer Bowker Motor Group has announced a major investment in its Bolton centre, forecasting a 20% increase in sales of used cars and motorcycles across the group in 2025.
Electric vehicle (EV) battery-health testing business Generational has developed a battery assessment tool designed to boost confidence in the used EV market.
A new Insight Report from The Motor Ombudsman has revealed that disputes related to purchasing a used car from a retailer made up 40% of all new cases opened in 2024.
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.
Fraudsters who removed the equivalent of four round trips to the moon in mileage from vehicle odometers have been sentenced following a major investigation by Kent Trading Standards.
Mercedes-Benz GLB Class was the hottest used car of 2024, selling in just an average 16 days with the German brand also securing the second spot with the A Class selling in an average of 16.5 days, according to online marketplace Auto Trader.
James Wilson, Motorway chief operating officer, discusses market opportunities, AI and steps to help dealers when motorists mis-describe the car they're selling in its online marketplace
Twelve Big Motoring World locations have joined the Motor Ombudsman’s codes of practice for vehicle sales and servicing.
Used car prices are predicted to rise due to a significant shortfall in vehicle stock as market dynamics shaped by the pandemic conitnue to reverberate, according to Autorola.
The average price of a used car in December 2024 was £16,649, a slight decline of 0.6% month-on-month (MoM) compared to November, according to the latest data from the Auto Trader Retail Price Index (RPI).
Online car marketplace Carwow forecasts a robust start to 2025, driven by high consumer demand for used cars.
The used car market remained steady in November, with average values at £7,345 across the board at auctio house BCA.
As the remarketing sector faces a period of profound transformation, the insights shared at the Vehicle Remarketing Association’s Automotive Summit focussed on the need for agility, data-driven decision-making, and forward-thinking strategies.
Customers take on average 87 days before deciding, making early engagement with potential buyers essential for driving January sales.
Car supermarkets ramped up their efforts to boost profitability in November by increasing their inventory levels and prioritising younger vehicles, according to Motors’s Market View.
Plunging residual values in the electric vehicle (EV) market are creating substantial financial challenges for leasing companies, manufacturers, and customers alike, according to Auto Data Solutions (ADS) which is warning of a prolonged impact on the sector.
