The used car market has delivered its strongest price growth for nearly three years, according to Auto Trader’s latest Retail Price Index. For used car dealerships, the message is fairly clear: demand is holding up, stock is moving quickly and some parts of the market are looking much healthier than they have for a while. Continue Reading…

If you’re monitoring the UK used car market, you might have noticed that it’s continuing to serve as a steady economic performer despite global ups and downs. According to industry expert Cox Automotive, the UK used car market is expected to deliver around 7.64 million units in 2025, reflecting impressive stability amid wider market uncertainties. Continue Reading…

If you’ve been eyeing a used Tesla, there’s good news: prices are dropping faster than expected. February 2025 saw Tesla models dominating the UK’s biggest used car price reductions, according to a recent Market View analysis by Motors. With significant month-on-month declines, Tesla’s affordability has notably improved—but the reasons behind these drops might surprise you. Continue Reading…

You might have noticed that researching second-hand motor prices has felt a bit different lately. Prices aren’t plummeting, new deals keep popping up, and everyone seems to be talking about the booming used car market. According to recent data from Cap HPI, used car prices remain remarkably stable, thanks to limited stock and a surprisingly Continue Reading…

As we move through October 2024, the UK used car market has held its ground, even as values experienced a modest dip. The latest data from Cap HPI shows that used car prices have fallen by only 0.5% in the first part of October, with projections indicating a total decrease of about 1% by the Continue Reading…

The used car market is experiencing a remarkable upswing, with demand driving growth across various vehicle types. Recent reports reveal a promising trend for used car values in May 2024, showcasing the market’s resilience and potential. Substantial Demand Fuels Value Increase Cap HPI’s recent insights indicate a robust demand for ex-fleet used cars, leading to Continue Reading…

March witnessed a flurry of activity in the used car market, with used cars selling at an unprecedented pace. Vehicles left forecourts in just 25 days on average. The used car market appears to be revving up as it enters the second quarter of the year. After setting new records, car dealers should be able Continue Reading…

Sadiq Khan’s ULEZ changes are having a massive impact on motorists across London, is there worse to come? On August 29th 2023, London’s Ultra-Low Emissions Zone (ULEZ) expanded to reach out to the M25. London Mayor, Sadiq Khan’s decision was met with challenges from Conservative councils and concerns from other London councils, primarily centred on Continue Reading…

Evidence appears to be mounting that used car prices are slowing. After a period of unprecedented rises data suggests that the used car market is at the very least stabilising. But should motor traders be fearing a crash in vehicle values? eBay Motors Group reports that average used car prices fell in March by 1.1%. Continue Reading…

The automotive sector is entering one of the most disruptive periods in its history, with established manufacturers facing growing pressure from a wave of Chinese electric vehicle (EV) brands, changing consumer expectations and rapid technological development. That warning comes from industry veteran Jon Wakefield, UK boss of Aion, the electric vehicle marque owned by Chinese Continue Reading…