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BCA Christmas sales up 25%
- 13/01/2022
- Posted by: Alan Feldberg
- Category: News
BCA has reported that its festive programme of online sales attracted over 2,500 different buyers and sold nearly 25% more than the same week year-on-year. There was particularly strong buyer activity for used vans, with over 400 different LCV buyers purchasing between Christmas and New Year, underlining the [...] -
Drivers dismiss used car checks
- 22/12/2021
- Posted by: Alan Feldberg
- Category: News
Only half of drivers (54%) check the service history and MOT documents before buying a used car, while only a third (36%) carry out a history check. This is according to new research from AA Cars, the AA’s used car website. Its poll of more than 15,000 drivers found that most fail to carry out even basic checks [...] -
Used car prices here to stay
- 09/12/2021
- Posted by: Alan Feldberg
- Category: News
The latest market tracker report published by Cox Automotive is predicting that used car prices may never return to pre-pandemic levels. The report found that the coronavirus pandemic has rapidly accelerated the online and digital marketplace and as a result demand for used vehicles has outstripped capacity and [...] -
Used car market continues unprecedented growth
- 06/12/2021
- Posted by: Alan Feldberg
- Category: News
Results from the Auto Trader Retail Price Index suggest the recent record growth in average used car prices shows no sign of significant easing. In fact, with an average price of £17,366, November marked the 20th consecutive month of growth, with prices increasing a record 28.6% on a year-on-year and [...] -
Barriers to buying revealed
- 02/12/2021
- Posted by: Alan Feldberg
- Category: News
The top 10 barriers named by consumers when considering buying a used car have been revealed in new research for the RAC Dealer Network. Having to travel too far to view a vehicle is the number one reason, named by 46% of people. It is followed by a lack of detail in the description (44%), an absence of someone to [...] -
Car buyers go Christmas shopping
- 24/11/2021
- Posted by: Alan Feldberg
- Category: News
Research has found that 46% of in-market car buyers expect to purchase a vehicle before the year is over. What Car? asked 1,596 in-market buyers whether they were likely to buy a car before the year is over, with 46% of new car buyers planning to purchase in the next month and 42% of drivers searching for a used [...] -
Used price growth remains unchecked
- 17/11/2021
- Posted by: Alan Feldberg
- Category: News
Despite rising inflation, the record levels of used car price growth shows no sign of easing, with average prices increasing a massive 26.9% last week on a year-on-year (YoY). According to Auto Trader, it marks the 80th consecutive week of price growth, and an almost four-fold increase in just six months, rising [...] -
Used car values top £11k
- 15/11/2021
- Posted by: Alan Feldberg
- Category: News
Average used car values at BCA in October surpassed £11,000 for the second month running. October used car values averaged £11,295 – the second highest value on record and maintaining the pattern of consistently high average used car values reported by BCA in 2021. Year-on-year, average monthly values are up [...] -
Demand for diesel on the rise
- 12/11/2021
- Posted by: Alan Feldberg
- Category: News
New analysis has found demand for diesel rising in the used car market. According to BuyaCar, diesel sales rose from 30% of all sales in the summer to 38% in October and November. This is despite significantly higher availability of petrol cars compared with diesel models. The trend has emerged even as the [...] -
CarShop announces major recruitment drive
- 10/11/2021
- Posted by: Alan Feldberg
- Category: News
Omnichannel used car retailer CarShop has announced a major recruitment drive to support recent growth. CarShop now has a store presence in 15 locations UK-wide, and also has a large preparation centre in Leighton Buzzard, which prepares, maintains and reconditions over 30,000 cars per year. The roles it is [...]