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Used car prices record 32nd month of growth
- 01/12/2022
- Posted by: Alan Feldberg
- Category: News
The latest data from Auto Trader’s Retail Price Index has revealed that used car retail prices remain stable. The data, which is based on circa 900,000 daily pricing observations, shows that the average retail price of a used car in November was £17,801, marking a 4.7% year-on-year (YoY) increase on a [...] -
Vehicle finance demand unaffected by inflation
- 29/11/2022
- Posted by: Alan Feldberg
- Category: News
Consumer demand for motor finance remains strong despite the economic uncertainty. According to the latest data from Auto Trader there were over 1.9 million finance interactions on its platform last month, while the Finance and Leasing Association’s (FLA) reported that second-hand car finance penetration is now [...] -
Demand still strong for used cars
- 21/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Latest data from Auto Trader has revealed that used car prices remained stable last month. Average prices actually rose £300 from September to £17,863. Prices have now been neutral or risen for five consecutive months while on a year-on-year and like-for-like basis they are up 5.1% higher than this time last [...] -
Mixed response to Chancellor’s ‘green premium’
- 18/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Electric vehicles will no longer be exempt from road tax from April 2025, after Chancellor Jeremy Hunt announced the change in his Autumn Budget. The news drew a mixed response from the industry. Mike Hawes, SMMT chief executive said: “We recognise that all vehicle owners should pay their fair share of tax, [...] -
Used car market undisturbed by economic turbulence
- 07/10/2022
- Posted by: Alan Feldberg
- Category: News
Consumer demand for used vehicles has remained largely unaffected by the economic uncertainty. This is according to data from Auto Trader, which found the volume of advert views on its marketplace was up a massive 17% in September compared to pre-pandemic levels. With demand strong, it reported that the average [...] -
Auto Trader integrates VIN to platform
- 24/08/2022
- Posted by: Alan Feldberg
- Category: News
Auto Trader has partnered with manufacturers to integrate enhanced optional Vehicle Identification Number Specification (VIN Spec) data into its platforms. This comes after research based on a sample of 52,000 vehicles revealed that 46% of the retailer-listed vehicles on its marketplace are missing an average of [...] -
Auto Trader announces FCA Automotive partnership
- 23/08/2022
- Posted by: Alan Feldberg
- Category: News
Used car buyers can now choose FCA Automotive Services as preferred finance provider when selecting a vehicle through Auto Trader. This follows a partnership between the two companies which will see FCA Automotive Services integrated into Auto Trader’s Apply Online consumer platform, with retailers able to [...] -
Used car prices up 28%
- 08/06/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
The like-for-like price of a used car has risen 28.4% in the past 12 months. According to the Auto Trader Retail Price Index, used car prices have risen for 26 consecutive months on a like-for-like basis. The RPI is based on Auto Trader’s daily pricing analysis of around 900,000 vehicles. It found that prices [...] -
Auto Trader secures carbon literacy accreditation
- 25/04/2022
- Posted by: Alan Feldberg
- Category: News
Auto Trader has become the first FTSE 100 company to achieve the Gold Carbon Literate Organisation accreditation from the Carbon Literacy Project. The award recognises that more than 50% of its 1,000-strong workforce has completed dedicated Carbon Literacy training and becoming certified as Carbon [...] -
Used car prices rise for 98th week
- 28/03/2022
- Posted by: Alan Feldberg
- Category: News
The average price of a used car on grew 28.5% last week on a year-on-year (YoY) and like-for-like basis, according to data from Auto Trader. This represented the 98th week of consecutive price growth. Despite current inflation rates, the latest consumer research conducted by Auto Trader suggests consumer [...]