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Used car values continue downwards trajectory
- 06/11/2023
- Posted by: Alan Feldberg
- Category: News
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 of contraction marks the largest drop in YoY prices in over 43 months. However, the average price of £17,641 [...] -
Used car prices rise for 34th straight month
- 03/02/2023
- Posted by: Alan Feldberg
- Category: News
The average retail price of a used car was £18,119 in January, marking a 2.7% year-on-year increase on a like-for-like basis and the 34th month of consecutive price growth. This is according to the Auto Trader Retail Price Index. It attributes continued growth to the combination of robust consumer demand, and [...]