• LCV values continue strong start to 2023
    • 24/03/2023
    • Posted by: Alan Feldberg
    • Category: News
    LCV values averaged £9,851 at BCA in February 2023, with sustained buyer demand keeping values firm as the strong start to the year continued. Sold volumes improved compared to January with values slightly down on last month at £9,851, while performance against price guides improved sharply to 105.7%, a rise of [...]
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  • Price pressures dampening EV appetite
    • 13/09/2022
    • Posted by: Alan Feldberg
    • Category: News
    A new report has warned that high prices could be dampening EV uptake with just seven new electric models available in the UK available for under £30,000. According to Electrifying.com, there are 107 petrol or diesel cars available in the same price bracket and as cost-of-living pressures rise it warns that car [...]
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  • LCV values set to ease
    • 03/05/2022
    • Posted by: Alan Feldberg
    • Category: News
    Market dynamics are changing, which could impact LCV values in the future. That is the view of BCA, which recorded the third highest average monthly value for LCVs in March. LCV values averaged £10,133 at BCA during the month, the fourth consecutive month that average values have exceeded £10,000 and the third [...]
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  • Used car prices keep climbing
    • 17/09/2021
    • Posted by: Alan Feldberg
    • Category: News
    The average price of used cars increased 18.6% year-on-year in the second week of September. According to Auto Trader, this marks a 1.2% growth on the previous week and a three-fold increase on the 5.7% year-on-year growth recorded when forecourts reopened. Consumer demand continues to drive growth, with cars [...]
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  • Used car prices rise for 66th straight week
    • 23/08/2021
    • Posted by: Alan Feldberg
    • Category: News
    Consumer demand is continuing to drive record price growth, with the average price of a used car surging another 15% year-on-year in the week starting 9 August. This is according to Auto Trader, which has now recorded 66 consecutive weeks of growth. Another testament to the underlying levels of demand in the [...]
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  • BCA reports second month of record prices
    • 11/08/2021
    • Posted by: Alan Feldberg
    • Category: News
    BCA has reported record values in the used car market for the second consecutive month. The average used car sold for £9,513 at BCA in July, a £330 (3.6%) increase over June’s average figure, which was also a record – and nearly £1,000 (11.7%) ahead of the same month in 2020. Stuart Pearson, COO BCA UK, [...]
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  • Huge demand drives record used price growth
    • 06/08/2021
    • Posted by: Alan Feldberg
    • Category: News
    Used car prices rose 14.1% in July to a record average price of £14,781. This is according to results from the Auto Trader Retail Price Index, which is based on daily pricing analysis of about 900,000 vehicles. Further, this was the 16th consecutive month of growth on a year-on-year basis, with the rate of [...]
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