The demand for used electric vehicles (EVs) and hybrids is on the rise, with many buyers considering them for their next car purchases, according to Motors.
Dealers should prepare for car owners upgrading their used vehicles ahead of motoring holidays in the UK and abroad.
Used car marketplaces MOTORS and Cinch are reported as being among the companies seeking to buy several Cazoo assets.
MOTORS is tracking the market to see whether April’s rise is an early sign that consecutive monthly dips are halting and the market is heading for greater price stability.
Lower asking prices helped drive used car sales last month with vehicles averaging just 35 days on physical and virtual forecourts
Car dealers are working harder to engage customers as new and used vehicle supplies improve while consumers continue to be concerned about the high cost of cars.
Haggling over the price of a car and understanding the finer points of finance deals have been singled out as the biggest pain points for car buyers.
Buyers are taking over a week longer to research their next purchase due to low confidence and extra time needed to research EVs, according to research.
Online searches for used cars are expected to see a traditional bounce in the days following Christmas, according to Motors.
Dealer-facing eBay Motors Group brand and consumer facing Motors.co.uk brand, have come together as a single entity, Motors.
