The hybrid Volvo XC90 led the charge for alternatively fuelled vehicles (AFVs) in March, posting the highest assumed gross margin among pre-owned AFVs
A sharp increase in electric vehicle (EV) pre-registrations is creating hurdles for the used car sector, according to the Vehicle Remarketing Association (VRA).
BMW has once again demonstrated its dominance in the used car market, topping Dealer Auction’s Retail Margin Monitor for March and cementing its position as a leader in retail profitability.
The increased supply of used electric and hybrid cars in Q1 has resulted in a 10% price drop year-on-year for the period, according to AA Cars.
The UK’s used car market maintained a positive trajectory in March, with rising prices, demand and faster selling times, according to data from Auto Trader.
Average used electric vehicles have plateaued at the end of 2024 and into 2025, while sales reached record levels in February, according to industry reports.
Used Tesla sales have reached a new record level in the UK, despite challenges around new car volumes and brand perception.
New data from Dealer Auction has revealed the top 10 models for used car retail margins in February.
The used car market remains stable, with no change in the value of an average three-year-old vehicle with 30,000 miles, according to Cap HPI data.
Cox Motor Group has onboarded Indicata’s used car pricing platform to support the growth of its group-wide used car sales.
The used car market continued to build momentum in February, with a 3% uplift in retail demand, according to new data from Auto Trader.
Used car values in February saw a modest increase of 0.4%, equivalent to £40, at the three-year, 60,000-mile benchmark, according to data from Cap HPI.
Used EV prices are expected to stabilise throughout 2025 against a flat year for the total market, according to new predictions from Cox Automotive.
The positive start to the year experienced in the UK’s wholesale vehicle market has continued into February, according to members of NAMA.
Dealer Auction has recorded a 73% spike in bidding activity for hybrids and EVs in January in a vote of confidence for the alternative fuel used car market.
Kia models dominated the used car market in February, securing the top two spots for fastest-selling vehicles, according to Auto Trader.
The Mazda CX-5 has surged into 2025 with impressive sales speed and profitability, topping Dealer Auction’s Retail Margin Monitor for January.
The proportion of used hybrid and electric vehicles (EVs) stocked by dealers reached a new high in January, according to Motors’ Market View.
Analysis of retail data by Cap HPI shows that used BEVs at three years old are selling faster than used petrol vehicles of the same age.