Cinch expands used car sales service with new stores
Online used car retailer cinch has announced it will open new sites in Northampton, Birmingham, Bristol and Manchester through July and August, with more locations to follow later in the […]
Used cars
Car ownership demand increasing among young drivers
New research has revealed that car ownership among 17-24-year-olds is more important than ever. According to an Auto Trader study of over 2,000 young drivers, 90% said car ownership was […]
Used car prices fall despite rising demand
New data has revealed that the average price of a used car fell marginally to £16,410 in June. According to Auto Trader, customer confidence has continued to grow in the […]
Volume models drive used car demand
Demand for used cars remains high with average selling times in June three days quicker than the same month last year. This is based on analysis of about 85 million […]
Used car values hold firm
Used car values reported its strongest June since 2009, according to cap hpi. It found that prices fell by just 0.1% in the month, or £25, at three years and […]
Administrators close to Cazoo deal
It has been reported that used car platform Motors.co.uk could be close to acquiring the marketplace division of Cazoo from its administrators. Cazoo plunged into administration last year and administrators […]
ADAS under-promoted in used cars
Dealers must do more to educate buyers on the safety features within used cars, according to cap hpi consulting. It says many drivers are not aware of the complex safety […]
Auto Trader names UK’s fastest-selling model
The UK’s fastest-selling car for May has been revealed. According to data published by Auto Trader, the Peugeot 208 up to one-year-old finds a buyer within 11 days of retailers […]
EVs reach record high in used car sales
The used car market has made its strongest start to a year since before the pandemic, with 1,967,923 sales in the first three months of 2024. This represents a 6.5% […]
Used car prices return to growth
Used car market in good health as prices, demand and sales all increase.
Predictability returns to used car market
Cap hpi data has suggested that used car volumes are returning to traditional trends. It found that car values at the three-year, 60,000-mile point, fell by 1.5% during April, or […]
Dealer demand sees used cars snapped up in hours
Used cars are selling to dealerships in an average time of just 36 hours, with some models attracting a buyer in only two hours. According to car-selling platform HonkHonk, which […]