Used electric vehicles now 10% cheaper than ICE models
Latest analysis from AX has revealed that used electric vehicles are now 10% cheaper than petrol and diesel equivalents. This is the first time used electric vehicles have reached this […]
Used cars
NextGear Capital supports Japanese imports
Funding specialist NextGear Capital has partnered with used car supplier Nichibo to support dealers importing vehicles from Japan. The agreement makes NextGear Capital the first funding partner to back dealers […]
Used car values continue upwards trend
Average used car values increased for the fifth month in a row in May, according to the latest data from Cazana. It has reported that average prices for three-year-old models […]
Used car values driven up by EVs and older models
Average used car values rose 0.7% in the last year, according to the Auto Trader Retail Price Index. Average values increased to £17,306 after their strongest rate of growth in […]
Confidence growing in used electric vehicles
Demand for used electric vehicles is continuing to grow with models aged three and four selling six days faster than equivalent petrol models. This comes despite a 1.2% increase in […]
Average used car prices suffer seasonal dip
Average used car prices fell two per cent to £7,280 at BCA in May. Demand for models aged three to five years remained strong, while interest continued to rise for […]
Used BYD sales set new UK record
Demand for used BYD models reached record levels in April as the Chinese brand continues to increase its UK presence. According to used car market data provider MarketCheck, BYD sales […]
Affordability shifting UK’s used car market
As the cost-of-living crisis continues, affordability is driving customer behaviour in the UK’s used car market. According to the latest analysis from Cazoo, average used car prices in May rose […]
Demand driving up prices of used electric vehicles
Nearly eight in 10 used electric vehicles have seen values increase in May, according to data from Solera cap hpi. It found that 77% of electric models in the three-year-old […]
High used Tesla sales creating retail opportunities
Used Tesla sales rose to 4,411 units in April, more than double what they were in January 2025. Meanwhile, more than 4,000 used Teslas have been sold in both March […]
Used car buyers losing trust in sellers
Nearly two thirds of used car buyers do not trust sellers, according to new research from vehicle history platform carVertical. It found that 67% of used car buyers are sceptical […]
EVs dominate fastest selling used car models
Nine of the 10 fastest selling used car models in May are either electric or hybrid, according to data from Auto Trader. It has reported that electric models are selling […]