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Tag Archives: auto trader

BLOG The new car market has reached a pivot point

The headline figures are positive, but with sales growth being fuelled almost exclusively by various fleet channels in recent months, a quick look under the bonnet reveals the new car market has reached a pivot point. After years of heavily constrained new car supply struggling to keep pace with consumer appetite, for the first time since the pandemic we’re seeing ...

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Older used cars worth more than ever before in “nuanced market”

Used car values have eased from a like-for-like increase of 2.8% year-on-year (YoY) in July, to 1.5% in August. According to the latest data from Auto Trader’s Retail Price Index, prices have also softened on a month-on-month (MoM) basis, by just -0.1%. However, Auto Trader said that these headline figures mask an “exceptionally nuanced market”, with a significant disparity between ...

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Used car market continues growth as average prices increase again

Used car prices registered their 40th successive month of year-on-year growth in July. Prices rose 2.4% to £17,920 according to the latest data from the Auto Trader Retail Price Index. While the pace slowed compared to June’s 3.2%, the latest price increase now leaves the average second-hand car more than £4,000 dearer than April 2020. Supply constraints are impacting 3–5-year-old ...

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Mayor of London confirms ULEZ expansion and widens scrappage scheme

The Mayor of London, Sadiq Khan, has confirmed the expansion of the ULEZ London-wide. However, the Mayor has also announced that to make the transition easier the scrappage scheme will be widened to every Londoner affected by ULEZ. This means from Monday, 21 August, every Londoner with a non ULEZ-compliant car will be eligible for a £2,000 grant, small businesses ...

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Dealers recognised for ‘exceptional’ customer service

Auto Trader is helping retailers showcase exceptional customer service this week, with the launch of its Auto Trader Highly Rated 2023. Dealers who have been consistently recognised by their customers as providing an outstanding experience by rating them highly on Auto Trader will receive “Highly Rated” promotional materials, including stickers and digital logos to promote their excellence across their physical ...

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BMW tops Auto Trader best selling manufacturer charts

BMW is the best-selling car brand in the UK, according to Auto Trader. Specifically, the BMW 3 series is the BMW model that the UK wants to buy the most, along with the Volkswagen Golf, and the Mercedes-Benz C-Class. Erin Baker, editorial director at Auto Trader said: “We have so much insight into automotive sales trends within the UK, with ...

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‘Cheaper deals and bigger carmaker ad spend’ drive EV sales in June

An increasing in advertising and cut price deals helped drive sales of new EVs in June. That’s the view of Auto Trader commercial director Ian Plummer commenting on the June sales figures from the Society of Motor Manufacturers & Traders. “Our figures show the electric share of the new car market enjoyed a much-needed boost in June – taking 15% ...

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