According to a new survey, 69% of consumers now consider financing directly through dealerships as their preferred option, particularly when dealers provide clear, upfront details about financing options and costs on their websites.
Dealer Auction’s latest EV Performance Review reveals a thriving trade market for alternatively fuelled vehicles (AFVs), which in October were younger, lower mileage, and more profitable than in previous months.
BMW celebrated a double third-place finish in Dealer Auction's Retail Margin Monitor in October
Auction house BCA achieved record-breaking used car sales volumes in October 2024, building on September’s strong performance.
The used car market grew by 4.3% from July to September, marking the seventh consecutive quarter of year-on-year growth, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT).
The used car market saw a significant shift towards alternative fuel vehicles last month with hybrids and electric vehicles (EVs) combined achieving their highest share of listings yet, according to Motors’ Market View.
Dealers have largely welcomed a range of measures from last week’s Budget, viewing them as beneficial for the used car market.
October marks the third consecutive month that electric vehicle (EV) sales have hit the 20% mark and places the car industry well above the 2024 targets set by the UK’s Zero Emission Vehicles (ZEV) mandate, according to New AutoMotive.
Fewer than four in ten (38.8%) of new car registrations were made by private buyers so far this year despite a widening choice of over 125 battery electric models - up 38% from last year - according to the Society of Motor Manufacturers and Traders’ (SMMT) latest monthly figure
Despite rising costs and technology change, the UK repair market remains dynamic and resilient, according to a new FixMyCar report which urges garages to leverage EV training and digital tools to not only build loyalty but also expand their revenue base.
New research by car history-checking service CarVertical reveals that nearly 160,000 UK drivers could fall victim to mileage fraud this year alone.
JudgeService reveals that the Autumn Budget dampened consumer confidence in buying electric vehicles (EVs), with nearly half (46%) of car buyers expressing less confidence in making the switch.
New data from the RAC reveals that 20% of UK drivers under 44 have cut costs by skipping legally required MOTs or delaying tyre replacements, raising significant safety concerns.
The used car market in the UK is set to close 2024 on a high note, with strong demand and stabilising prices, according to Auto Trader’s Retail Price Index.
Most consumers remain committed to their car buying plans despite significant tax rises in the recent Budget.
Carwow’s third-quarter consumer behaviour analysis reveals a strong upward trend in interest for battery electric vehicles (BEVs), with BEV configurations increasing by 30% year-on-year to nearly 271,000.
Dealers are at risk of missing out on significant revenue and failing in their duty of care by losing track of customers, according to recent research by data quality experts ADS.
New research from AA Cars reveals that 25% of UK drivers have bought a car online without seeing it in person, up from 21% last year.
Used electric vehicles (EVs) and hybrid cars achieved price parity, according to Aston Barclay’s latest Market Insights report for the third quarter
Clear, upfront disclosure of commission to ensure informed consent will be critical for providers of motor finance following last week’s shock Court of Appeal decision which saw several major industry names suspend lending in order to take stock of the implications of the ruling.
