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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 [...] -
FLA reports dip in car finance
- 12/10/2021
- Posted by: Alan Feldberg
- Category: News
The Finance & Leasing Association (FLA) has round that the consumer car finance market reported a fall in new business volumes of 10% in August 2021 compared with the same month in 2020. In the eight months to August 2021, new business volumes remained 16% higher than in the same period in 2020. The consumer [...] -
Used car market achieves record results
- 10/08/2021
- Posted by: Alan Feldberg
- Category: News
The used car market enjoyed its best ever quarter between April and June this year, growing 108% with 2,167,504 vehicles changing hands. According to the Society of Motor Manufacturers and Traders (SMMT), this is up 6.6% on 2019 pre-pandemic levels. The increase tracks the country’s gradual emergence from [...]