2021 is officially the year of the used car. Here’s a rundown of the fastest-selling used cars and reasons why prices are still rising in the tail end of pandemic Britain. Just as we thought used cars couldn’t be selling any better, they are doing just that. Used cars sales are now up 16.5 percent. 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…

Looking to off load your used Ferrari for a quick cash injection but not sure what price you should be slapping on it? We answer the all important question – How do you price a used car? This blog is aimed at aspiring car dealers and those that sell the occasional vehicle. Hopefully a little Continue Reading…

Derren Martin, director of car valuations CAP HPI believes that the scarcity of new cars being produced could keep used car prices buoyant for years. We analyse the logic behind this prediction as well as having a look at the cars that increased in price the most in the last year. We also squeeze in Continue Reading…

Many used car dealers are making serious money as ‘like new’ cars are worth nearly as much as new. How have the new, high profile online only “super” used car dealership brands been capitalising on these favourable trading conditions? We are living in strange times for many reasons – and here’s just one – in Continue Reading…

‘Your car loses its value as soon as you drive it out of the showroom’. Not any more… The meteoric rise of used cars have reached such heights that nearly all used cars are now the same price as new ones. Where do we go from here? Whatever their previous opinion on used cars, if Continue Reading…

Second-hand car prices have now reached the highest point since April 2009. Demand is even stronger than a year ago when showrooms first reopened, with experts wondering when the boom will end? This is a welcome surprise and a much-needed uptick for an industry that’s been severely affected by the pandemic. Car dealer‘s figures show Continue Reading…

It’s easy to overlook depreciation when considering a car purchasers buying process. Running costs like fuel consumption, servicing and road tax are important factors to consider. However, they rarely add up to as much as the amount a new car loses in value over the first couple of years of ownership. For used car dealers Continue Reading…

The first lockdown brought the shutters down on car showrooms across the UK. Ever since something strange has been happening. Used cars are flying out of lots. Dealers that were used to selling two or three used cars for each new car are now selling seven or eight. People are going online to buy cars Continue Reading…

Extraordinary revelations from a first-hand source have revealed details of how the final Brexit negotiations unfolded. The UK Motor Trade played a central part in the drama. Ultimately the deal came down to a tug of war between cars and fish. Prime Minister Johnson was attempting to retain sovereignty over fish in UK waters whilst Continue Reading…