used car sales - Page 2

Revised used car forecast predicts slowdown

Cox Automotive has revised its used car forecast for the full year, cautioning against assuming growth seen in the first six months will continue.

Fleet remarketing 19 Aug

Rental rises for fleets as leasing losses mount on used EVs

Fleets face higher monthly rentals for electric vehicles as leasing companies try to recover from a collapse in residual values.

Fleet remarketing 15 Aug

Residual value warning from forced EV sales and ICE restrictions

Rush to hit Government targets will create an unnatural new and used car market, with far-reaching consequences over the long-term, Cox Automotive warns.

ZEV Mandate 14 Aug

Aston Barclay sees 16.5% fall in used EV values

The decrease means that used EVs are now on par or cheaper than equivalent internal engine combustion cars.

Fleet remarketing 9 Aug

Surge in used car sales with sixth successive quarter of growth

However, there are concerns over supply with the composition of the car parc shifting faster than consumer preferences.

Fleet remarketing 8 Aug

Positive outlook for used car market

Used car market expected to perform well in the second-half of the year, with sales predicted to rise 5% to 7.6 million transactions, according to Auto Trader.

Fleet remarketing 7 Aug

Used electric vehicle sales reach record levels at BCA in July

The first week of the month saw almost 700 EVs sold, with BCA on track to record sales in excess of 30,000 units over the next 12 months.

Fleet remarketing 30 Jul

Collapsing BEV values pose “existential threat” to leasing industry

The used car market for EVs in the UK is close to market failure as values continue to fall, the BVRLA has warned.

Fleet remarketing 18 Jul

Diesel demand high as prices for used electric and hybrid cars fall

Analysis of used car market from Autorola, the AA and Autotrader shows trends in residual values for ICE and electrified vehicles.

Fleet remarketing 8 Jul

Used BEV prices decline as petrol values increase

Average used values for pure electric vehicles at three years and 60,000 miles dropped by 1.7% on average – equivalent to £350 – in June, according to Cap HPI.

Fleet remarketing 27 Jun

Person looking at advert for used Tesla on laptop

Supply and demand for used cars ‘well matched’ in May

Healthy used car demand drove a very stable market in May, according to BCA.

Fleet remarketing 20 Jun

Electric vehicle residual values fall stretches back 21 months

The cumulative decrease in used battery electric vehicle values amounts to approximately 57%, compared to petrol, with a decline of around 12%.

Fleet remarketing 30 May

Opinion: Why real-time data is crucial to fleet remarketing

Julian Humphreys, co-founder and CEO of Motom, explains why real-time data is important as fleets navigate the roller-coaster BEV market.

Fleet remarketing 14 May

Remarketing platform relaunched under Ayvens branding

Vehicle leasing giant Ayvens has launched Ayvens Carmarket, its newly rebranded used car remarketing platform.

Fleet remarketing 14 May

Cox Automotive urges used car caution with ‘volatile’ new car market

Continued volatility in the new car market could stifle growing used car market, warns Cox Automotive.

Fleet remarketing 13 May

Average used EV prices down 16.8% year-on-year

Despite robust levels of consumer demand, used EVs were the only fuel type not to record price growth in April, according to the latest data from Auto Trader.

Fleet remarketing 2 May

Used car values decline with electric vehicles suffering largest fall

April saw average used car values at the three-year, 60,000-mile point, fall by 1.5%, equivalent to around £300, according to the latest analysis by Cap HPI.

Fleet remarketing 26 Apr