Demand for used cars remained robust in August, with dealers experiencing quicker sales and steady prices, according to Motors’ latest Market View report.
Retail prices for used cars exceeded seasonal expectations in August, driven by robust consumer demand in the market, according to the latest data from Auto Trader.
Strong wholesale demand supported used car values in August as the average value movement fell by just 0.6% at the three-year age point, according to experts at Cap HPI.
City Auction Group is developing a new 28-acre site to house its logistics headquarters and expand its capacity with a further 5,000 vehicles, across defleet, logistics and secure storage, for launch in September.
Vendigital’s Sheena Patel argues that the industry needs to come together to outline and define higher levels of standardisation
The leasing sector is increasingly turning to used car leasing to adapt to volatility in the electric vehicle (EV) market.
Car ownership remains crucial for young people, with the need for a vehicle increasing among 17-24-year-olds, Auto Trader's latest consumer analysis reveals.
A new Spotlight digital report for car dealers, focused on developments and best practice in the used car market, has just been launched by AM.
The used car market demonstrated remarkable stability in June with average values dropping just 0.1%, or £25, for vehicles three years old with 60,000 miles.
May saw a notable 16% increase in trade-to-trade listings of EVs and hybrids on Dealer Auction, indicating a buoyant late spring market for Alternatively Fuelled Vehicles (AFVs).
Used car sales continued to soar in the first three months of 2024 with more stock than ever hitting the market due to sales of new cars picking up.
Motorpoint Group has seen an improvement in performance for Q4 2023 and in Q1 following what it described as "difficult conditions" last year.
March saw heartening signs of retail prices continuing to stabilise as movements adopted more usual seasonal patterns.
Nearly half (48%) of those looking to buy a used car reckon visiting an established bricks-and-mortar seller provides them with added reassurance
Sales of sub-two-year-old EVs recorded their highest ever market share of 11.2% in February, according to Indicata
Dynamics in the used market are set to rival the complexity of the pandemic era, according to Cox Automotive’s four-year market forecast.
OEMs and franchised dealers face a daunting task to deliver sales mix and volume expectations in the new car market as many private buyers find young used cars much more attractive thanks to recent price drops, according to Vertu Motors, one of the biggest motor retailers in the AM100.
