Good news for used car dealers as an insight report from Cox Automotive and Grant Thornton on the UK market has predicted a 2.5% growth in Britain’s used car sector for Q1 of next year, with around 2.08m vehicles finding buyers. The report also anticipated a slight Q4 fallback of – 0.5% for 2018, which was due to the
According to Auto Trader’s retail price index, there has been a 5% increase from September 2017 in the average value of used cars bringing this to £12,853 for 2018. From 2011 to now, used car values have risen a massive 42% from £8,997 to £12,731. Over this same period the average new car value has
Used Car Market Boasts Strong Sales for September!
October 22, 2018
Posted by: Shahinur Miah
Category: Automotive Industry, News
A new survey by lead management business specialist enquiryMAX has found UK dealers enjoyed a good September for used car sales, which have increased year on year by 11%. Decrease in Average Used Car Price The data also displays that the average used car price has dropped 8% from £22,159 in 2017 to £20,396 for