Consumer confidence at 12-month high
New research has revealed rising consumer confidence with more than half of motorists saying they are positive about buying a used car this month. The data found that 57% of […]
used cars
Used electric vehicle values ‘falling off a cliff’
Used electric vehicle values have fallen by nearly a third in a year, according to new data from the latest AA Used Car Index. It found that almost all popular […]
Used electric vehicles hit record sales levels in June
Sales of used electric vehicles hit record levels in June, making up 6.39% of all used car sales in the UK. Meanwhile, in the under four-year-old category electric vehicles accounted […]
Auto Trader predicts golden era for older vehicles
The latest forecast from Auto Trader is predicting a golden era for older vehicles with 9.75 million new and used cars expected to be sold this year. It expects new […]
Tesla Model 3 tops fastest selling charts
The Tesla Model 3 is the fastest selling used car in the UK, according to new data released by Autotrader. It found that the Tesla Model 3 found a buyer […]
IMDA calls for used electric car market grants
The used electric car market could see sales volumes and values fall unless the government introduces new financial support measures. The government recently unveiled grants of up to £3,750 for […]
Used electric vehicle prices hit record low in June
Second hand car market data analysts Marketcheck has revealed that average used electric vehicle prices cars fell to their lowest level in June. Its analysis found that the average last […]
Used car values rise in June – BCA
BCA has reported that average used car values improved by 3.1% month-on-month in June. Meanwhile, buyer participation and sold volumes remained positive and ahead of prior year. Its analysis found […]
Hybrids leave EVs behind with strong demand and prices
The demand for used hybrid cars continues to grow as dealers remain cautious about stocking EVs and drivers remain cautious about buying used EVs, according to the online car auction […]
Used car market buyer demand strains supply
New data from Percayso Vehicle Intelligence has revealed stability in the used car market in June, with three-year-old models losing just one per cent of their value. It found that […]
Rising consumer confidence driving UK used car market
Auto Trader has reported rising consumer confidence with two thirds of those surveyed planning to buy a car in the next six months. Meanwhile, two fifths said they were planning […]
Used petrol cars dominate fastest-selling charts
Used petrol cars are the most in-demand models among UK consumers this month, although interest in used electric vehicles continues to grow. AutoTrader has reported that petrol cars are the […]
