The proportion of dealers having difficulty sourcing used car stock has shot up from 65% to 90% according to Mark Norman, operational development manager at CAP.

Speaking at AM’s Used Car Conference last month, Norman said the used car market was reliant on carmakers’ activity.

“Once oversupply comes back into the new car market then we will start to see greater pressure on used car prices and they will start to come down.”

- Read more from Norman and other speakers including Peugeot UK’s director of fleet and used car operations Phil Robson and Tony Gannon from BCA in AMe, AM’s monthly ezine, out on Monday.