More than eight out of 10 used car dealers expect used car prices and values to continue to fall this year, new research shows. The March Startline Used Car Tracker says that one in five (20%) think the rate of fall will accelerate, 28% believe they will continue at the current speed, and 36% that they will be less severe. Paul Burgess, CEO at Startline … [Read more...]
Bring back small cars, dealers tell makers
Britain's car dealers are calling on manufactuers to supply them with a new series of small cars. Dealers overwhelmingly back calls for a new class of small cars to be introduced across Europe that attract lower taxes, insurance and parking costs, new research shows. Paris this year moved towards making SUV drivers pay more to park in the French Capital as … [Read more...]
New law wanted to ban pavement parking
Around 62% of people think it should be illegal to park on pavements, according to new research. The February Used Car Tracker from Startline Motor Finance has looked at the issue just as the Local Government Association has demanded new powers to make pavement parking illegal across England and Wales. The research shows that 28% think that parking on … [Read more...]
Insurance costs hitting used cars’ stock
More than three out of four (77%) dealers say that rapidly rising insurance costs mean that some cars have become difficult to sell. Startline’s December Used Car Tracker also reports that half (50%) think that some cars have become effectively uninsurable, so are probably unsellable. The research also reports that 23% think that it has become well-known … [Read more...]
EV deadline move will bolster buyers ICEs
More than four out of 10 dealers think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29% believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19% … [Read more...]
Delayed EV deadline boosts petrol and diesel sales, says Startline survey
Almost one in six motorists (14%) say that the government’s move to push back the end of petrol and diesel car sales to 2035 means it is less likely their next vehicle will be electric. However, 82% of motorists in Startline’s November Used Car Tracker also say that the decision will have no effect on their choice, although 6% admit to feeling “less sure” … [Read more...]
Used EV prices expected to fall in short term
Nearly half of dealers (46%) think the values and prices of electric vehicles (EVs) will fall following the government’s move to push-back the electrification deadline to 2035, as consumers take more time to make the switch. November’s new Startline Used Car Tracker also shows that 44% believe a corresponding rise in petrol and diesel prices and values … [Read more...]
Agency selling model worries more dealers
Dealer worries over the growth of agency agreements have doubled in the last month, according to October’s Startline Used Car Tracker. The factor was named as a future challenge to their business by just 22% of used car retailers in September but has jumped to 42% this month. Paul Burgess, CEO at Startline Motor Finance, said, “For most of this … [Read more...]
Motorists expect higher costs in 2024
Motorists expect the cost of running their car to continue to rise across all major areas of spending in 2024, new research shows. October’s new Startline Used Car Tracker shows that 70% think congestion zone charges will rise and the same percentage expect service and maintenance to increase. Other costs expected to go up include motor insurance (67%), … [Read more...]
Used market uplift expected in 2024
More than half of dealers (55%) expect 2024’s used car market to be better than this year’s, suggests new research. September’s Startline Used Car Tracker shows that 45% also believe there will be better stock supply and 43% that demand for electric vehicles (EVs) will increase. However, just 25% expect there to be an improvement in consumer … [Read more...]
