Used cars

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in February 2023 by five per cent compared with the same […]

A poll of 2,043 UK driving licence holders commissioned by The Motor Ombudsman has revealed that 73% would be more likely to buy a second hand car this year rather […]

The average retail price of a used car in March was up 2.3% to £17,720 in March. According to AutoTrader, this is up from the 1.3% year-on-year increase recorded in […]

Auto Data has announced that used cars took a record average of just 23 days sell in February. It’s five days faster than the same period last year and six […]

The strong start to 2023 in the used car sector continued in February as average values rose for the second month running. Values averaged £8,540 at BCA, up by £140 […]

The average retail value of a used car was £17,654 in February, according to Auto Trader, which represents a 1.3% increase on a year-on-year (YoY) and a like-for-like basis. While […]

The average price of used cars rose 1.7% year-on-year to £17,880, according to Auto Trader’s Retail Price Index. Although the rate of growth is down significantly from a peak of […]

Used car values at BCA saw a modest uplift in January 2023, with improved demand driving a 1.6% increase. Values averaged £8,400 in January, which is up by £135 compared […]

More used electric vehicles were sold last year than ever before, but they still made up just 4.1% of the overall market. According to the Society of Motor Manufacturers and […]

New research has found that the cost-of-living crisis is having a significant impact on new car buyers, with many switching to the used vehicle market or not replacing their existing […]