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Used car market records 29th month of growth
- 06/09/2022
- Posted by: Alan Feldberg
- Category: News
The latest data from the Auto Trader Retail Price Index suggests the used car market remains strong. It found that average used car prices continued to grow year-on-year in August, increasing 15.6% on a like for like basis, marking the 29th month of consecutive price growth. At a more granular level, prices [...] -
LCV values begin to wane
- 29/06/2022
- Posted by: Alan Feldberg
- Category: News
Average LCV values in May 2022 fell below £10,000 for the first time since December 2021 as demand shifted in the used market. LCV values averaged £9,517 at BCA in May, down by £488 (4.9%) compared to April. Year-on-year, values for May 2022 were still ahead by £142 (1.5%) compared to May 2021. Stuart [...] -
Used car values beginning to realign
- 18/05/2022
- Posted by: Alan Feldberg
- Category: News
Used car values averaged £8,552 at BCA in April 2022 as the used marketplace continued to level out in the face of numerous external economic pressures. Values were on a par with those seen a year ago, although the intervening 12 months have seen average values reach exceptional levels as pent up demand combined [...] -
Used car market shows signs of settling
- 03/03/2022
- Posted by: Alan Feldberg
- Category: News
The used car market has made a steady but unspectacular start to the New Year, according to BCA’s latest data. External economic pressures and the cost-of-living squeeze are affecting consumer demand and the strong performance typically seen in the early weeks of the New Year has simply not materialised in [...]