Used car vehicle repairs climb to £1,200
New data has revealed that the average UK motorist spends £1,200 on vehicle repairs after buying a second-hand car. Motoring experts at Blackcircles surveyed 2,000 UK drivers who bought a […]
Used cars
Tesla tipped to be top-selling brand by CarGurus
Tesla will be the best-selling car brand in the UK by 2036, according to a new study by CarGurus. Based on a poll of 1,000 drivers over the age of […]
Small models drive rising used car demand
Used car demand remains strong with Auto Trader reporting that days-to-sale has fallen from 30 days in August to 29 days in September. Demand is strongest for smaller used models, […]
Used car sales volumes remain healthy
Used car sales volumes of used cars on the Dealer Auction platform remained strong in August with total retail value reported at £49.7m. Meanwhile, the number of bids received across […]
Demand burgeoning for high mileage used cars
New research has revealed growing demand for high mileage used cars as customer confidence in the reliability of older vehicles grows. According to MotorEasy, 35% of car dealers think the market […]
Two-tier used car market emerging – BCA
BCA has revealed a two-tier used car market as average used car prices fell by 7.4% in August to £6,994, their lowest value since December 2023. Meanwhile, prices are 4.9% down […]
Used Tesla sales suffer summer slowdown
Used Tesla sales fell from 3,09 units in June to 2,838 units in July, according to the latest data from MarketCheck. This means used Telsa sales have fallen for three […]
Used car prices steady but EV demand grows
Average used car prices were recorded at £17,131 in August, according to the latest Auto Trader Retail Price Index. This represents a marginal year-on-year decline of 0.1% and a monthly […]
Average used car values dip despite EV increases
Average used car values fell by 0.9% during August, according to the latest analysis from Solera cap hpi. At the benchmark three-year, 60,000-mile point, average values reduced by £195. One-year-old […]
Used electric cars selling 10 days quicker than market
Used electric cars sold in an average of 20 days on Auto Trader during August compared to 30 days for the wider market. Electric cars have now been the fastest-selling […]
Demand surging for used electric cars
Demand for used electric cars is exceeding supply, driving a 2.7% increase in average prices in July, according to new data from Indicata. Its August Market Watch found that electric […]
UK used electric vehicle market nears US size
The UK’s used electric vehicle market is nearly as big as the US market, according to new analysis from MarketCheck. The used vehicle data provider found that 197,653 used electric […]