Demand grows as prices tumble
Demand for used cars rose 11.7% in December while average values fell 5.6% to £17,064, according to Auto Trader’s Retail Price Index. Data revealed that one to three-year-old cars saw […]
Auto trader
Bumper year expected for car sales
Auto Trader is predicting that the new car market will grow four per cent next year from an estimated 1.89 million in 2023, to circa 1.97 million. It expects the […]
Used car values fall again in November
Auto Trader data has found that average used car retail prices contracted 3.8% on a year-on-year in November. This is the third consecutive month of falling prices, with a fall […]
Demand spikes for used EVs
The average price of a used car fell one per cent in mid-November, according to Auto Trader data but demand remains strong, particularly for alternatively fuelled vehicles. It found that […]
Used car values continue downwards trajectory
Average used car retail prices contracted on a year-on-year basis for the second consecutive month in October, dropping 1.7% like-for-like. According to the Auto Trader Price Index, the current rate […]
Growing demand pushes up used EV prices
New data from Auto Trader has revealed that used EV prices have risen 0.6% so far in October to an average price of £32,203. However, prices are still down 19.6% […]
Used prices fall for first time in 41 months
Used car prices fell in September for the first time since March 2020, based on data from the Auto Trader Retail Price Index. The average price of a used car […]
SMMT responds to ZEV mandate confirmation
The Society of Motor Manufacturers and Traders has urged the government to provide greater industry support as it strives to meet the Zero Emission Vehicle mandate. The mandate stipulates that […]
EV interest falls sharply after 2030 delay
The government’s decision to postpone the sale of new petrol and diesel vehicles in the UK from 2030 to 2035 has had an immediate impact on buyer intentions, according to […]
Used EV prices inch up in September
The price of used EVs rose in September after 12 months of consecutive decline. This is according to Auto Trader’s Retail Price Index, which has reported a 0.8% price rise […]
EV demand flagging amidst high prices
New research has found that fewer than half of drivers are willing to invest in EVs, with cost and charging limitations still putting them off. According to Auto Trader research […]
Used car values slowly softening
Used car prices were 1.1% higher in August than the same month last year. According to the Auto Trader Retail Price Index, the average price of a used car was […]
