The 2016 Ford Ka was, on average, the fastest selling used car in February.
Following the release of its Gender Pay Gap Report, Auto Trader has pledged its commitment to attracting women to higher paid technology roles.
Auto Trader has insisted that the car “finance bubble” is not about to burst, claiming that the affordability it delivers is key to social mobility and cleaner motoring in the UK.
Multi-channel retailing, business disruption and new tools to make dealerships more effective are discussion points at the AM DigiTech Conference.
Auto Trader has revealed that the Mini Cooper was the fastest selling used car in January followed by the Fiat 500X.
Auto Trader sees used diesel car prices rise by 3% Used diesel car prices rose by 3% as the average price of a used car rose 6% industry-wide, according to Auto Trader’s Retail Price Index. Despite a fall in the share of searches by fuel-type targeting a diesel vehicle, 71% In November 2016, to an annual low of 53% in January, diesel car sales via the online marketplace generated an average value of £14,405 in last month, compared to the £12,775 realised by the average used car sale. The Auto Trader Retail Price Index analyses data from over 500,000 trade used car listings every day, as well as additional dealer forecourt and website data to deliver its monthly statistics. It said that the £777 increase in the value of a diesel car sold via its platform represented “a promising start for used diesel prices” However, petrol saw a more impressive leap in used prices in January, recording an average price of £10,713, which is a £1,733 jump on January 2017 – representing a 10% increase on a like-for-like basis. Online searches for petrol cars, meanwhile, have steadily risen and accounted for 43% in January 2018, compared to just 26% in November 2016. In January 2018 4% of all fuel-related searches were attributed to alternatively fuelled vehicles, which was no movement from December and a 1% increase year-on-on. Comparing the total volume of AFV searches across the year, the number of searches for AFVs on Auto Trader increased 65% between 2016 and 2017, with electric alone recording a huge jump of 84% in searches. Karolina Edwards-Smajda, Auto Trader’s retailer and consumer product director, said: “With new diesel registrations continuing to tumble, it’s very reassuring to see used diesel prices not only retaining their value, but actually increasing in January. “It’s clear, however, just how harmful the government’s strong anti-diesel stance has been on the automotive industry. “We can see that the misstep in not clarifying the difference between new Euro6 and older vehicles has seriously dampened consumer buying confidence, reflected in both the ongoing fall in new diesel registrations, as well as the searches on our market place.”
Used Kia Sportage models spent the fewest days on dealer forecourts in 2017, as Auto Trader named it the UK's fastest selling car.
Car buyers searched for BMW 3 Series models more than any other car on Auto Trader in 2017.
Auto Trader is preparing to promote its new monthly price search tool with a multimillion pound advertising campaign which gets underway on Christmas Day.
The Ford Kuga emerged from November as the fastest selling car on Auto Trader – taking just 20 days to leave retailers’ forecourts.
Used car prices registered their first month-on-month decline in eight months during November as diesel cars declined by an average of £143 month-on-month and petrol cars generated a £55 rise, according to market data issued by Auto Trader.
Auto Trader has teamed up with Aviva to power a new tool which could cut the time it takes to identify if a damaged vehicle should be declared a total loss.
The 2016 Ford Ka (petrol manual) was the fastest selling used car in October, taking an average of just 17 days to sell.
Auto Trader’s pre-tax profits rose 10% to £105.4 million as turnover rose by 7% to £165 million as the online marketplace returned H1 financial results which were “in-line with market expectations”.
The average price of a used car increased 6% year-on-year in October, according to data published by Auto Trader.
ContractHireAndLeasing.com has appointed car finance expert Paul Harrison into the newly-created role of head of strategic partnerships.
Volkswagen Golf owners are the most likely to consider manufacturer scrappage schemes, according to data from Auto Trader.
The Kia Sportage secured back-to-back success as Auto Trader’s fastest selling used car by securing the top spot once again in September.
Used car prices increased by 5% as diesel vehicle prices rose 2% in September, according to the latest data from the Auto Trader Retail Price Index.
Codeweavers will be the “leading technology provider” for Auto Trader’s online dealer finance calculator after the two businesses extended the terms of their existing partnership.
