The Hyundai i30 and Mitsubishi Shogun have been listed among Auto Trader’s ranking of the used cars that delivered the biggest retail value increases in September.
Competition for used car stock continued to grow as used car retail values rose 21.4% in September to reach a new record high after 18 consecutive months of appreciation.
The UK’s weekend fuel frenzy sparked a 61% rise in car buying interest in electric vehicles (EV) on Auto Trader and a 59% spike on carwow.
Technical issues arising after a platform update left car dealers reliant on Auto Trader Market Insight view of their advertisements’ performance in the dark for more than two days.
More than one-in-10 nearly new used cars are now more expensive than their brand new equivalents as limited supplies and soaring demand delivered an 18.6% year-on-year rise in values.
Auto Trader is to start including admin fees charged by retailers within a listed vehicle’s total advertising price.
Record used car prices are not deterring new car buyers from switching into a used alternative to avoid the lengthy lead times triggered by supply shortages, according to Auto Trader.
Auto Trader has launched a new incentive to encourage car buyers using its platform to part exchange their existing vehicle.
Car buyers have been faced with a 14.1% increase in the price of the average car advertised on Auto Trader during July.
Cox Automotive has warned that ‘more needs to be done’ to encourage consumers to adopt electric vehicles (EVs) ahead of the 2030 ban.
Auto Trader is providing retailers with new access to a stock of more than 30,000 vehicles sourced directly from consumers, it said.
UK motor retailers were celebrated in the 2021 Auto Trader Retailer Awards, with Hills of Woodford, Peter Vardy and Vindis Group among the winners.
Strong levels of consumer demand in the market is continuing to drive used car price growth on Auto Trader, according to its latest data.
The 2016 Volkswagen Touareg has been revealed as the UK's fastest selling used car, taking an average of 22 days to sell.
Auto Trader has issued car retailers which exemplify the “very best in automotive retail” with assets celebrating accreditation under its Highly Rated 2021 programme.
An 11.1% June uptick in used car prices on Auto Trader suggests that dealers have been making efforts to realign their advertising to accommodate recent months’ wholesale price surge.
Auto Trader has revealed that car buyers are considering vehicles being offered for sale 25% further from their homes since the start of the COVID-19 pandemic.
The Mercedes-Benz GLA Class compact SUV topped the rankings of the fastest-selling used cars advertised on Auto Trader as dealers continued to see a reduction in days to sell.
May’s used car sales volumes were 14% ahead of the same period in the pre-COVID trading period of 2019, according to data from Auto Trader.
Car retailers have been warned that Government travel bans and delayes to the easing of COVID-19 lockdowns are likely to see the "huge accelration" in used car pricing continue.
