Throughout the first nine months of 2023 the most noteworthy residual value (RV) trend has been the fall in battery electric vehicle (BEV) values. Driven by an increase in used supply, BEV values have...

Although UK consumers have experienced significant financial pressures due to the rising cost of living, it has seemingly not dampened demand for used cars. Retail activity in the first quarter of...

The UK’s used car market returned to seasonal norms in January, with an uptick in demand. Although the month began slowly, wholesale activity ramped up as the month progressed. Glass’s valuation...

The losses month on month in the sales-volume index in the UK in December made the domestic market an anomaly in the wider European figures, with other markets seeing gains. In addition, across these...

Over the past three years, Glass’s estimates that the UK’s new car market lost in the region of two million registrations due to Covid-related production delays and component supply issues. Whilst...

If the last few years have taught us anything, it should be there is no such thing as a typical month in the used car market. Since the start of the Covid-19 pandemic, the UK’s used car market has...

Comparisons with April last year show that the average residual value (RV) of a three-year-old car is 34.8% higher this year. On the face of it, this indicates that the used car market in the UK...

The UK’s used car market performed staggeringly well in 2021, with Glass’s values rising for eight consecutive months. While retail demand was very strong throughout this period, a major factor...

Over 112,000 fewer cars hit UK roads in September compared to 2020 according to data published by the SMMT. The automotive industry continues to grapple with severe supply chain challenges, in...

At the beginning of 2020, the outlook for the used car market looked very positive. The final six months of 2019 had produced exceptionally strong trading conditions, and there was little indication...

With the UK economy facing recession due to the impact of coronavirus, it is important to consider what happened to used car values in the last recession, to help predict what might transpire this...

It would be fair to say that the UK auction market has struggled somewhat throughout 2019 compared to the previous couple of years. In 2017/18 the market coped well with increasing volumes resulting...

The volume of stock currently on offer in wholesale auction channels is high. The number of cars sold in January and February was in line with last year, although first time conversion rates have been...

While sales are increasing, in 2016, a record new car market year, electric vehicles (EVs) made up only 0.4% of registrations. EV market share increased in 2017 to 0.5% and so far this year they...

The sales performance of petrol and diesel cars in the new and used car markets remains a common talking point within the industry. New car registration figures released by the SMMT have consistently...

Much has been made of the recent decline in new car registrations. To be 12.4% down on last year at the end of quarter one is a cause for concern. To be 33.3% down on diesel alone is even more so....

The decline in new car diesel registrations, which emerged throughout 2017, received regular coverage in sections of the media. This coupled with changes in benefit in kind taxation and further...

Data from the SMMT highlights how the new car market in the UK is rising, with registrations topping two million in September after a record 2015. Sales of diesel and petrol vehicles are running close...