Manheim’s average used car price rose by 16% in September as Cox Automotive’s wholesale and retail businesses ride a wave of “higher quality and of lower mileage” stock.
Used car prices rose to their highest ever monthly average price at BCA-operated sales during September – reaching £9,117.
Used car prices increased by 5% as diesel vehicle prices rose 2% in September, according to the latest data from the Auto Trader Retail Price Index.
Diesel remains “the right fuel choice for a significant number of drivers” with recovering used car prices suggesting that consumers are starting to make their own judgements of the fuel, according to Cap HPI.
Average used car selling prices saw a 7.5% increase at auction in August as retailers looked to fill their forecourts for September, the National Association of Motor Auctions (NAMA) has revealed.
Autorola Group has launched its Indicata business intelligence and insight software platform for used vehicle management in the UK.
BCA's monthly Pulse report stated that there were "no surprises" during JUne as the average price of a used car fell by just 0.74%.
Used values remained stable in March as strong demand continued to characterise the market.
New data from CarGurus has highlighted Liverpool as the cheapest place to buy a used car as it created a ranking of the most affordable and most expensive cities across the UK.
An all-electric car made the top ten of Auto Trader’s fastest selling used cars for the first time as the Vauxhall Zafira topped the charts for January.
Used car prices rose in the wholesale and retail markets in December.
Average used car values declined by 1.6% at three years 60,000 miles in December, a figure that compares to the same point last year, where prices moved downward by 1.8%.
Average values stalled in November as rising volumes of cars put pressure on lower quality stock, creating “a two-tier market as volumes climb”, according to the latest BCA Pulse report.
Record values achieved across the used market during a busy September look set to be replaced by "softeneing" demand in October, according to BCA Pulse.
Demand for used cars throughout September has underpinned a stronger than normal market, with overall price reductions at three years 60,000 miles of only 0.2%, says Cap HPI.
Used car values have risen to a record value of £8,342 according to BCA.
Cap HPI is urging dealers keep a careful eye on stock turn as research shows pressure on margins over a 12 week period.
The final print edition of Glass’s Guide will come off the presses next month after 83 years and 925 issues of continuous publication interrupted only by the Second World War.
Nearly-new car prices fell 2.2% in value as average used car values fell by 0.76% overall during June, BCA Pulse shows.
Used car prices rose to a record average high of £8,261 in May, according to BCA monthly Pulse report.
