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Auto Trader unveils Deal Builder
- 19/04/2024
- Posted by: Alan Feldberg
- Category: News
Auto Trader has made its omnichannel solution Deal Builder available to all FCA authorised used car retailers on a trial basis. The solution enables buyers to set up and complete most of the purchasing journey online, including part-exchange and car finance, before visiting the dealership to inspect, test drive [...] -
Peugeot 3008 revealed as fastest selling used car
- 12/04/2024
- Posted by: Alan Feldberg
- Category: News
The fastest selling used car in the UK has been revealed as the Peugeot 3008. According to data from Auto Trader, the model takes just 12 days on average to attract a buyer. This is two weeks quicker than the national average for used cars, which is 26 days. The data also confirmed the growing demand for hybrid [...] -
Used car sales reach record levels
- 03/04/2024
- Posted by: Alan Feldberg
- Category: News
Used car demand and sales reached record levels in March, according to new data from Auto Trader. Its Retail Price Index, which is based on more than 800,000 daily pricing observations, found that average prices fell just 0.7% month-on-month, while a six per cent rise in demand outstripped a 0.7% increase in [...] -
Auto Trader announces data partnership with ONS
- 21/03/2024
- Posted by: Alan Feldberg
- Category: News
The Office for National Statistics (ONS) will use Auto Trader’s market pricing data to inform its inflation measurements such as the Consumer Prices Index (CPI). Prior to the partnership, official inflation in car prices was calculated by tracking a sample of about 100 different models at three different [...] -
Fastest selling used car named
- 15/03/2024
- Posted by: Alan Feldberg
- Category: News
New data has revealed the UK’s fastest-selling used car. According to Auto Trader, the SEAT Leon takes an average of just 10 days to sell, more than twice as fast as the national average of 26 days for used cars. The Vauxhall Crossland was second on the list with an average selling time of 10.5 days. Also [...] -
Demand outstripping supply in used car market
- 05/03/2024
- Posted by: Alan Feldberg
- Category: News
The used car market recorded a healthy uptick in demand and sales during February, according to data from Auto Trader. It reported that demand was up eight per cent in February compared to the same month in 2023, with used cars selling in just 27 days on average compared to 40 days in January. Supply levels also [...] -
Kia XCeed becomes UK’s fastest selling used car
- 14/02/2024
- Posted by: Alan Feldberg
- Category: News
The Kia XCeed is now the UK’s fastest-selling used car. According to data from Auto Trader, it takes just 14 days on average for a retailer to sell it. The all-electric Tesla Model 3 and the Marcedes-Benz EQC are second and third fastest selling models, taking just 14.5 days to sell, while the Hyundai IONIQ is [...] -
Demand strong for used cars
- 07/02/2024
- Posted by: Alan Feldberg
- Category: News
Both transactions and demand in the used car market grew in January, according to Auto Trader’s Price Index. But while prices are showing signs of stabilising, Auto Trader data revealed a price drop of 7.5% year-on-year (YoY) and like-for-like. This is despite a 6.1% increase in demand. This suggests that many [...] -
Auto Trader delivers deeper dealer insights
- 30/01/2024
- Posted by: Alan Feldberg
- Category: News
Auto Trader has introduced a new data solution for retailers, Trended Valuations, while also upgrading its Retail Check functionality. The solutions are intended to help retailers make quicker and more profitable sourcing, advertising, and pricing decisions. Trended Valuations show what a vehicle has been worth [...] -
Retailers leaving £31m on the forecourt
- 23/01/2024
- Posted by: Alan Feldberg
- Category: News
Data from Auto Trader has suggested that retailers are missing out on a potential £31m in profit due to under-pricing. It found that across 8,000 retailers, about 47,500 cars are being advertised below their respective retail market average, meaning retailers could miss out on £4,000 in potential [...]