The question of whether the used car market has finally returned to ‘normal’ – ie, to a time and state before the pandemic and other forces had a markedly negative impact on growth and...
Read moreRetail groups, auction houses and leasing companies are monitoring battery state-of-health (SoH) on electric vehicles, with a view to creating a certification scheme to illustrate the remaining...
Read moreUncertainty looms over automotive as a blend of factors continues to shape the future market landscape. Economic pressures mean many potential buyers are postponing purchasing decisions. The...
Read moreThe vital signs of the used car market in the first half of 2023 have been encouraging for many reasons. Data from some of Cox Automotive’s wholesale and retail brands point to a bullish marketplace...
Read moreUsed car specialists have called for government support for second-hand electric vehicles following price drops and retailer buying bans. The Vehicle Remarketing Association (VRA) claimed there was an...
Read moreThe vehicle life model that we have seen for decades, and which has served the used car with a predictable flow of stock no longer fully exists, and this will undoubtedly constrict future supply. So...
Read morePoor availability of charging facilities on a local basis is hampering the ability of retailers to sell both new and used EVs to “a surprisingly large degree”. Philip Nothard, Vehicle Remarketing...
Read moreThose who appreciate irony may enjoy the latest example of the Law of Unintended Actions which may soon be played out in the motor trade. Here we have a government which has committed itself to...
Read moreThe first quarter of 2017 is characterised by record volumes and strong demand. In line with industry expectations, it looks like we are on track for a record first quarter. The first three months of...
Read moreOn the back of a big year for new and used car sales, 2017 was always going to be a hot topic. Industry commentators are predicting a slide in new car sales from 3% to 10%, and with so many pressures...
Read moreThe automotive industry has much to celebrate in 2016. A second record year of new sales and a used car market characterised by strong fleet and consumer demand. In a benign market, used prices...
Read moreStrong demand for used vehicles has underpinned used values through 2016. While retailers have enjoyed a stable market to date, as the industry heads into the final quarter of the year every indicator...
Read moreAs we enter the summer months it is usual to see demand ease off, and this pushes down prices for used vehicles. July was no change from the normal trend and the used market slipped down 1.6%. Our...
Read moreThe pace of decline in used values is accelerating with prices sliding 1.9% in May. The trend follows an established seasonal pattern that sees firm values in the first quarter of the year and a...
Read moreHigher volumes of used cars as the new car market rises, combined with an increased pressure to self register new cars, is increasing the pressure on second hand prices. If this leads to a drop in...
Read more