Used cars are selling at a record pace and prices are continuing to stabilise so far in 2025, according to the latest data from Auto Trader.
The UK’s used car market has seen the joint fourth strongest performance on record, according to the latest data from Cap HPI.
The UK’s wholesale car market has performed strongly in January with promising signs in retail demand and search activity too, according to NAMA.
BCA has already broken its sales record for electric vehicles with nearly 1,000 units sold in the first full week of trading in January.
The used car market is stable with only a slight decline in January so far and Cap HPI is expecting strengthening in the coming weeks.
Ford Fiesta’s legacy as the most popular car in the UK has seen it top the ‘most listed’ used car at Carwow auctions for second consecutive year.
The ability to build a good deal for customers would sway nearly half of motorists to make a used car purchase this year, according to new research.
The Ford Kuga topped Dealer Auction’s Retail Margin Monitor for profit opportunity in 2024 and the BMW brand has been highlighted as one to watch for 2025.
Competition for used hybrids and EVs listed on Dealer Auction surged in June, indicating strong dealer demand for Alternative Fuel Vehicles (AFVs) even though supply is constrained.
Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI
Advertised used car prices and dealer stock levels dipped as buyers concentrated on older essential purchase vehicles, according to Motors’ Market View for June.
Dealers are selling used cars more quickly than a year ago, perhaps reflecting the norms of stock depreciation, according to the latest Auto Trader data.
Good trade demand for ex-fleet used cars during May, particularly for petrol cars, led to an average value drop of just 0.9% (£210) for a three year, 60,000 mile car, according to Cap HPI.
Used electric vehicles were the only fuel type not to enjoy price growth with average prices dipping -0.4% MoM in April, according to Auto Trader,
Used car values remained stable for the third month running according to BCA’s latest valuation data.
Falling EV values are stabilising once they reach price parity with ICE equivalents, March’s meeting of the Vehicle Remarketing Association (VRA) was told.
Elon Musk's Tesla Model Y ranks as the least in-demand used car, due mainly to its high second hand price tag, according to research from Uswitch Car Insurance.
Most dealers say used car prices and values are stabilising although more than eight out of 10 used car dealers (84%) still expect them to continue to fall
Consumer demand, speed of sale and transactions in the used car market all rallied in February, according to the latest data from Auto Trader.
The used car market has seen continued positivity over the end of January and early February, according to experts at cap hpi.