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...

The summer months have been a relatively tricky period for used car retail. June and July are best described as ‘mixed’, while August saw a more consistent pattern as the market toughened up for...

The average price of a used car increased 2.8% in May to £17,815, marking the 38th consecutive month of year-on-year retail price growth. However, potential retail growth remains constrained by used...

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...

It has been a fascinating first few weeks of 2023 for the used car market, a time when the overall market has been strong, with values strengthening for many internal combustion engine cars, but with...

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...

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...

With used car supply and demand both constrained this summer, it is unsurprising that we have seen Live values plateau since May. This August, Live values have dropped by just 0.3% on average at the...

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...

According to the latest data from Auto Trader, the average price of a used car grew 28.5% in the week from 14-20 March on a year-on-year and like-for-like basis, marking the 98th week of consecutive...

It is well documented that 2021 saw unprecedented price increases for used cars, driven by constrained supply due to new car semiconductor issues and strong demand from consumers. There was pent-up...

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...

After eight months of price increases, we finally saw prices reduce during November. At the 3-year, 60k mile point, average values dropped by 1.2%, equivalent to a fall of £235. There are a number of...

Old diesel cars that will be non-compliant with the expanded ULEZ area in Greater London are still increasing in price. This despite the fact that these vehicles will now incur a daily charge. You...

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...

As the UK and the rest of the world continues to battle with the fall out of the interruption of Covid-19, it is fair to say that the automotive industry has been through an immense journey during the...

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...

The used market got off to a strong start in 2020 with both the trade and wholesale markets performing well in January and February. The wholesale markets returned high results in terms of cap...

At a time when the FLA announced the value of used cars financed by dealers at the point of sale surged 14% and that volume was up 8%, the average price of a used car reached a record £12,967 in...