Kia XCeed becomes UK’s fastest selling used car
The Kia XCeed is now the UK’s fastest-selling used car. According to data from Auto Trader, it takes just 14 days on average for a retailer to sell it. The all-electric […]
Used cars
NFDA optimistic for used car growth
The National Franchised Dealers Association (NFDA) is predicting further growth for the used car market in 2024, after new figures revealed sales growth of 5.1% last year. Sales were up […]
Used car sales to seven million mark
The UK’s used car market grew by 5.1% to 7,242,692 transactions in 2023, according to the Society of Motor Manufacturers and Traders (SMMT). Four straight quarters of growth saw sales […]
Used car values up 10%
BCA has reported the first monthly rise in average UK used car values since last October. Average used car values at BCA improved by £679 in January compared to December, […]
Demand strong for used cars
Both transactions and demand in the used car market grew in January, according to Auto Trader’s Price Index. But while prices are showing signs of stabilising, Auto Trader data revealed […]
Used values hold firm in January
January saw used values at the three-year, 60,000-mile point reduce by a negligible 0.1%, equivalent to £90 on average, according to experts at cap hpi. The fall of 0.1% was […]
Retailers leaving £31m on the forecourt
Data from Auto Trader has suggested that retailers are missing out on a potential £31m in profit due to under-pricing. It found that across 8,000 retailers, about 47,500 cars are […]
Stability returns to car sales
Cox Automotive is predicting a more stable year for new and used car sales, after a period of volatility. It expects 2,020,050 new vehicle registrations in 2024, an increase of […]
Demand grows as prices tumble
Demand for used cars rose 11.7% in December while average values fell 5.6% to £17,064, according to Auto Trader’s Retail Price Index. Data revealed that one to three-year-old cars saw […]
Tesla Model 3 tops EV charts
New research has revealed that the Tesla Model 3 was the most popular electric vehicle in the UK last year. According to millions of searches on the cinch website, it […]
Used car price gap impacting stock levels
New data has found that dealers are struggling to replenish used car stocks as sellers are valuing their vehicles too highly. Used car prices fell about 20% last year, but […]
Vauxhall Adam most crashed car of the year
New research has found that the Vauxhall Adam was the most damaged vehicle in the UK during 2023. According to carVertical, the Vauxhall Adam was the model most likely to […]