The used car market toughened up markedly in October and November, with consumer demand declining. For once, the term ‘Christmas has come early’ was not a positive statement, with demand at many...

For the first time, the market for new cars, carrying with it implications for the used car market, is being driven not by customers but by politics, with the focus on electrification. This was a...

With the sale of new electric vehicles (EV) gaining momentum, more ex-fleet and end of contract units are filtering through to the used car market. Volumes remain small but are growing as buyers weigh...

2024 is set to be another year of change as more people in the UK embrace electric cars. Nor is that trend centred only on new BEVs; used models have seen an increase in demand, and residual values...

With an acceleration of the changing mix of vehicles reaching the remarketing sector, average used car values remained fluid over the summer months. After an initial positive first quarter earlier in...

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...

Used 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...

February saw average used car sale values increase 3.6% from £18,099 to £18,742, but during the same period average gross profit per unit fell 7.6% from £1,418 to £1,311. These are some of key...

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...

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...

Used car values at BCA rose for the second month running to reach £9,464 in July 2022, with performance against guide values also improving compared to June. Values improved by £268 across the board...

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...

The UK automotive retail sector showed exceptional resilience and flexibility in the pandemic, followed by very strong trading in 2021. But continuing supply constraints, the headwinds of macro...

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...

Year-to-date, 2022 has already seen a number of different patterns materialise in the used car market. January and February saw steady demand and a plateauing of trade values, following drops at the...