Used Car Market 2025 Update: Why are EV Prices Dropping and Chinese Brands Rising?
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…
February’s Used Car Market Trends: Tesla Price Drop
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…
UK Used Car Market Trends for 2025: A Record Start
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…
October 2024 Used Car Market Trends
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…
May 2024 Used Car Market Growth: Demand Drives Positive Trends
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…
Used Car Market Moving at Record Pace
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…
What’s the Impact of ULEZ On the Used Car Market?
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…
Is The Used Car Market Cooling Down?
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…
Motor Trade Performance 2025 Summary: Chinese Brands, Older Cars and Aftersales
Summary of 2025 for the motor trade industry Dealers have described 2025 as one of the most contradictory years they can remember. Some showrooms have been buzzing with record order levels, while others have spent the year wrestling with supply, strategy and rising costs. Even so, a clear pattern has emerged. Chinese brands have been Continue Reading…
Demand Fuels Used Car Price Growth in late 2025
Demand Fuels Used Car Price Growth: What It Means for the Motor Trade The used car market continues to show its strength as we move into the final quarter of 2025. Despite wider political and economic uncertainty, the latest Auto Trader report paints a picture of solid demand, stable prices and growing consumer confidence. For Continue Reading…
