Tag: used car
Auto Trader reports positive growth in the UK’s used car market, with electric vehicles building in strength
Auto Trader reports the UK’s used car market is growing, with a 5% rise in transactions and a 9% increase in website visits.Electric vehicles will constitute about 4% of cars by the end of...
UK used EV sales jump by over two thirds in Q1
The UK used car market hit a five-year high in Q1 2024 with 1,967,923 transactions, marking 16 consecutive months of growth.Battery electric vehicle (BEV) sales jumped 71.0%, reaching 41,505 units and a record market...
Auto Trader insight report: navigating turbulence with fleet boost, robust used market, and retail price realities
Fleet market fuels a 10% surge in the new car sales, tackling the 22% ZEV pressure point.Used market remains resilient with sales soaring, swift turnovers and demand outpacing supply, but recent sales face buyer...
How EV and used car prices are impacting Gen Z’s driving aspirations
UK used car prices dipped 3.7% in November, driven by a 6% drop in younger car prices, notably EVs.Soaring used car costs, up 37%, led to a 9.2% drop in 17- to 26-year-olds holding...
