According to the latest market analysis by Auto Trader based on the current trajectory, the used car market is expected to perform well in the latter half of the year with sales predicted to rise 5% year-on-year (YoY) to circa 7.6m transactions. However, due to unprecedented shifts in supply dynamics, retailers will need to adapt to a rapidly changing parc … [Read more...]
Electric SUVs charging into van market
Electric SUVs are being chosen by some fleets as an alternative to diesel and electric vans, Arval UK is reporting. The company says that as long as the space, payload and towing capacity offered by eSUVs is adequate, they can bring a wide range of advantages over their electric van (e-van) counterparts. Ben Edwards, Consultant, said, “We’re at … [Read more...]
Used car prices rising by 57%
The second-hand prices of Britain’s most popular cars have risen by up to 57% in two years, according to AA Cars. Demand for some models is so strong that they are even appreciating with age. For example a three year-old Mini Hatch now costs 57% more than a model of the same age cost in 2019. But a five year-old model currently costs 15% more than a three … [Read more...]
