There is a growing market for cars with 100,000 miles or more on the clock, according to a third of dealers polled for the latest Startline Used Car Tracker. July’s Startline Used Car Tracker shows 40% believe the quality of modern cars means they often have a lot of life left at 100,000 miles-plus. Also, 32% of dealers say buyers of cars with over 100,000 … [Read more...]
Sinclair Group business battered
South Wales based Sinclair Motor Group reported a tough year in 2025 but expressed the hope business will improve this year. In its annual accounts published on Companies House website Sinclair Motor Group said 2025 was its toughest year since before Covid with profits down 38% despite turnover reaching more than £700m across the 12 brands it represents … [Read more...]
Interest and values of used EVs are rising
Used electric cars are at a tipping point where both consumer interest and values are increasing rapidly, delegates heard at the Annual General Meeting of the Vehicle Remarketing Association. Fraser Brown, director at specialist used electric vehicle (EV) dealer Browns of Richmond and motor retail consultancy Motorvise, said the market had grown by 32% in … [Read more...]
Bad reviews drive away buyers
Almost two-thirds (62%) of used car buyers say poor online reviews would make them think twice about buying from a dealer – even if the business had the exact car they want. February’s Startline Used Car Tracker reveals other “red flags” when it comes to motor retailers, including slow communications (61%), badly presented vehicles (55%), dirty, unappealing … [Read more...]
Reputable retailers key factor for used car buyers
Purchasing from a “reputable retailer” is the number one factor for used car buyers, according to a new survey. Conducted for the RAC Dealer Network and its aftersales partner Assurant, the research shows seller trustworthiness named by 62% of respondents — an increase from 59% in 2023 and 55% in 2021. In second place is the manufacturer and model of the … [Read more...]
Rising sales of electrified vehicles
Analysis from webuyanycar, the UK’s go-to online car-buying service, reveals a surge in sales of used and new electric and hybrid vehicles, while the market share of petrol and diesel vehicles dropped. Used electric car sales Q3 2025 10.5% of used car sales in Q3 2025 were electrified, up from 9.7% in Q2 Used BEV (battery electric vehicle) … [Read more...]
Used car confidence sinking
Used car buyer confidence is at its lowest level for six months, says Startline Motor Finance. The percentage of motorists who are positive about the idea of buying a used car has fallen from 59% in August to 48% now, shows February’s Startline Used Car Tracker. Those who feel neutral about changing their car have increased from 34% to 43% over the last … [Read more...]
Used car sales and EVs need UK economy boost, says poll
Almost two-thirds of dealers (62%) say an improved economy would provide the biggest boost for used car sales in 2025, new research indicates. January’s Startline Used Car Tracker also shows that 50% would like to see direct government support for used electric vehicle (EV) buyers, 48% an improvement in consumer confidence, and 38% a loosening of the Zero … [Read more...]
Tradelines 14 August
The new car finance sector saw new business by value drop by 6% year on year to £1.545m, with the number of cars financed down 12% at 55,097 in June, according to the Finance and Leasing Association. The used car finance sector didn’t fare any better, with new business value down by 13% on June 2023 at £1.67m and the number of cars financed down 10% at … [Read more...]
Used car sales booming as new regs slow
The UK’s used car market rose by 6.5% in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, according to the Society of Motor Manufacturers and Traders. Earlier this week, the car makers' body in Britain reported a dramatic slowdown in new car sales, particularly among retail … [Read more...]
