UK used car prices 'defy gravity'

Although the UK used car market shrank by 5.9% in the first half of this year, that was nothing compared to the 26.6% year-on-year drop in new car sales in the first six months of 2009. The show of relative strength began in the first quarter, when used car sales increased by 17% compared with the previous three months, and then, fell back by only 1.1% in the second quarter.

FEATURE: Signs of recovery in UK used car market

15 September 2009

Although the UK used car market shrank by 5.9% in the first half of this year, that was nothing compared to the 26.6% year-on-year drop in new car sales in the first six months of 2009. The show of relative strength began in the first quarter, when used car sales increased by 17% compared with the previous three months, and then, fell back by only 1.1% in the second quarter.

Used cars – a nice little earner

30 September 2009

Used cars in Britain have actually been going up in value over the past year – by as much as 25%-30%. Used car stocks have dwindled to an all-time low and prices may go still higher. Companies are ...

UK: Used car market sees ‘unprecedented’ rising prices

14 September 2009

With a 3% month-on-month rise in used car values in August and a staggering 31% year-on-year increase, according to vehicle auction company British Car Auctions (BCA), average prices in this sector of the economy are showing unprecedented growth.

1 January 1900

Browse more hot issues

Currently reading -

UK used car prices 'defy gravity'

Welcome to the home of automotive information, insight & intelligence

Not a member? Join here