Average used car prices have dropped by 0.6% so far this month and a total drop of 1.2% is expected for May, according to Cap HPI.
Used car stocks continued to drop and days to sell increased in April, according to the latest Market View analysis from eBay Motors Group.
Auto Trader is aiming to drive efficiencies for car dealers with a new stock management system which it claims will remove many of the biggest pain points in vehicle marketing.
Premium SUVs and plug-in vehicles have dominated Aston Barclay’s used car desirability index for September.
Used car sales have recovered by 2.8% from September 6, while new retail adverts have surged by 27.8%, according to the latest Cazana data.
SUVs accounted for 90% of the fastest selling used cars on Auto Trader in August, according to its latest Fastest Selling Index data.
Cap HPI has revealed plans to launch a wave of new real-time data tools and insight after adding agility to its new product development with the launch of a new automotive data science team.
Private new car registrations were April’s highlight as the new car market starts to show signs of “balance” but diesel car prices have faltered in the used car sector, according to Cazana.
Cazana has launched a vehicle valuation tool enabling dealers to make “instant price decisions” based on the current retail market.
Cap HPI has confirmed that data related to the incoming WLTP and RDE vehicles emissions testing regime will be introduced to its New Vehicle Data set (NVD) in the coming months.
Cap HPI has appointed Jeremy Yea as the new Black Book editor, following recent restructure announcement.
Cap HPI has announced the appointment of Max Robert Mueller as future car value manager for Germany as it continues to drive growth on the continent.
Cap HPI has revealed the scale of the used car it processes is set to reach record levels in 2018, with 68,000 unique model derivatives now on the market.
An increase in wholesale stock availability and slowing demand has resulted in a seasonal used car price slump in November, according to industry data analysts Cap HPI.
Used vehicle database Cazana has received a £1.75 million funding boost to help drive the next phase of its expansion in the UK.
Cap HPI has responded to reports that diesel car values had seen residual value drops of as much as 26% since the start of the year - claiming that the figure amounted to "harmful scarmongering".
BCA has made changes to its Market Price valuation tool in order to “provide a greater level of accuracy for customers in every aspect of their remarketing activity”.
