Used car values at BCA softened by seasonal pressure
Used car values at BCA fell by 5.4% (398) during November under typical seasonal pressures.
This represents a similar decrease to this time last year, although sales volumes last month were higher than they were in November 2024.
The data also revealed that electric vehicles were again the strongest performing fuel type, with often exceptional levels of buyer engagement for the most attractive vehicles.
Stuart Pearson, BCA COO, said: “November’s used car performance reflected the general seasonal pressures we expect to see in the run-up to the festive season. With consumer demand for used cars easing, professional buyers have been a little more selective across all market segments, however well-presented vehicles with clean condition reports remain much sought after.
“Vehicle condition remains crucial, leading to greater price sensitivity for those examples with mechanical problems. However, customers using BCA’s data-driven methods for both cosmetic and mechanical repairs continue to see positive results, keeping inventory moving and ensuring every car has the best chance of selling the first time it is offered.”
He concluded:
“Over the next few weeks, we expect to see a ramp up of activity as dealers bring more focus on their used car programmes for the New Year and, with this in mind, BCA will once again deliver an extensive live sales programme across both the Christmas and New Year weeks, along with additional volumes of fresh stock available on the Bid Now, Buy Now platforms.”
