February’s Used Car Market Trends: Tesla Price Drop

Tesla used car prices significantly drop amid market shifts and controversies, reshaping opportunities for UK buyers.

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

UK Used Car Market Trends for 2025, car market growth 2025

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

Young woman buy first car. Used cars market trend sales, sold good automobile. Seller and buyer on auto market, make a deal vector flat concept

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…

Why Used Car Prices Sales are up in August 2024

car market growth illustration

The used car market in the UK is known for its fluctuations, but this August, something unusual happened. Despite the seasonal dip that typically follows summer’s peak, used car prices defied expectations. Why are Used Car Prices Performing Well in August 2024? Traditionally, the used car market slows down in August. Families head off on Continue Reading…

May 2024 Used Car Market Growth: Demand Drives Positive Trends

used cars in a line on sales lot

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…

What’s the Impact of ULEZ On the Used Car Market?

ULEZ motorists

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…

Used Car Prices May Reach An All-Time Low

used car prices

The rollercoaster ride for used car prices over recent years continues. Depreciation, the difference between a car’s purchase and resale value, has historically been pretty steady without much need for car owners to regularly review it. However, disruptions such as the semiconductor shortages and supply chain issues during the pandemic saw used car prices spike. Continue Reading…