The latest data from the Auto Trader Retail Price Index (RPI), which is based on daily pricing analysis of circa 900,000 vehicles, revealed that the average price of a used car increased 23.7% on a year-on-year (YoY) and like-for-like basis in June. Although it’s the 27 th month of consecutive YoY price growth, it marks a further softening in the
More than eight in ten (84%) of UK car buyers are satisfied they got a great or good deal on their most recent used car purchase.
The UK’s 20 most in demand used cars stabilised in price in quarter one (Q1) of 2022, according to data from used car buying platform CarGurus.
Summer is on the way and Classic Car Auctions are now busy accepting entries for their next auction at The Warwickshire Event Centre on the 18th June.
According to the latest data from Auto Trader, the average price of a used car on its marketplace [1] grew 28.5% last week on a year-on-year (YoY) [2] and like-for-like basis, marking the 98 th week of consecutive price growth.
Following on from the record value of £10,812 seen in January, February maintained the consistent run of strong values seen throughout recent months, averaging £10,441 – the second highest monthly value ever recorded. Values averaged 101.2% of guide price across the board during February.
Volkswagen Financial Services UK (VWFS UK) has extended its defleet relationship with Manheim for another five years, takVolkswagen Group UK has selected Manheim Vehicle Services to provide Defleet services for a five-year term, taking the partnership between the two companies up until December 2026.
Innovation Automotive, the UK’s first multi-brand electric vehicle company, has confirmed BCA as its national logistics partner.
BCA and West Way Nissan have announced a new 12-month remarketing agreement offering up to 100 vehicles a week. West Way vehicles will be sold online via BCA Online and the BCA Buyer app, with the majority of vehicles based at BCA’s Brighouse facility.
CarGurus data has revealed the UK’s 20 most in demand used cars have appreciated at historic levels in the last 12 months – experiencing an average price increase of 26.3%.
The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, 777,997 more than in 2020. Despite the increase, the 2021 market was still -5.5% below the pre-pandemic five-year average.
The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 777,997 more cars changed hands than in 2020, a year which was even more badly affected by Covid lockdowns and unsettled consumer and business confidence. Despite this growth,
Suzuki GB PLC is very pleased to announce the launch of its new and updated Approved Used Car Programme which provides a more structured and clearer process in helping customers find their car of choice. The new programme will also provide more used car availability across its dealer network as well as helping maintain the best customer service and
The UK’s leading integrated vehicle salvage, dismantling and recycling company is beginning 2022 with a new recruitment push, following a flurry of successful contract wins.
Matthew Davock, Director of Commercial Vehicles at Cox Automotive, said: “The well-publicised rollout of low emissions zones around the UK will deliver more used Euro 5 vans into the used wholesale marketplace, but at a cost. Despite market softening, buyers will still have to pay higher prices than pre-pandemic levels for ‘pandemic-worn’ vans that
Steady demand throughout December ensured average used car values remained stable, as BCA maintained an extensive sales programme throughout the festive season.
Surging demand for light commercial vehicles has seen van drivers proving more decisive than all other motorists on the popular online car supermarket BuyaCar.co.uk.
Average used car values remained very stable at BCA during November with well-balanced supply and demand ironing out some of value spikes seen in recent months.
BCA has announced an extensive programme of online auctions and Buy Now sales between Christmas and New Year with thousands of vehicles on offer.
Toyota’s Hilux pick-up was the most sought after used light commercial vehicle for the second consecutive month according to Aston Barclay’s November LCV desirability index.
The automotive industry has committed to a new set of guiding principles for marketing automated vehicles, published today by The Society of Motor Manufacturers and Traders (SMMT). 1
The Audi A3 Sportback has been named the UK’s best used family car – ahead of models from Honda, Fiat, BMW and Volkswagen.
These were important findings within MotoNovo Finance's latest wave of its long-term, independently undertaken research assessing consumers attitude to car buying, assessing how the car buying journey & research has evolved over the last year.
This past weekend, specialist automotive auction house Silverstone Auctions, returned to NEC Classic Motor Show for their tenth time as the ‘Official Auction Partner’. As the final hammer fell, the company recorded a staggering £9.2m worth of collective car, motorcycle and automobilia sales; with an impressive 83% sales rate.
GROWING diesel sales in the online used car market may be powered by drivers wanting a car with a more desirable badge rather than availability or price, according to a new analysis of sales.
