The UK used car market is projected to see only modest growth in the coming years, with transactions expected to rise from 7.4 million in 2024 to just under 7.9 million by 2027, according to the latest analysis from Cox Automotive.  

Baseline projections for 2025, shared in Cox Automotive’s Insight Quarterly (IQ), indicate 7,458,356 used car transactions, a marginal 0.3% increase on 2024 levels.

This subdued trajectory highlights a market still lagging behind pre-pandemic trends and constrained by economic pressures and ongoing supply limitations.

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The latest AM industry special issue

Spotlight on the customer

In this issue:

What consumers really want - trends and habits dealers must understand to provide the right buying experience

Barriers to EV purchase - many private motorists need extra help before they take the plunge

Delighting used car buyers - it's essential for retailers to offer tailored experiences and great value

Aftersales customer care - valuable interactions are vital as dealerships face fishing in a diminishing pool

A customer-first future - Steve Young, ICDP MD, gives AM an exclusive insight.

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