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Used car values remain 45% above pre-pandemic norm on Auto Trader

Used car values declined 0.4% month-on-month but remained 45% ahead of pre-pandemic “norm” during November, according to the latest data from Auto Trader.

Fourth consecutive month of used car price increases on Auto Trader

The average retail price of used cars advertised for sale via Auto Trader rose for a fourth consecutive month during October – rising £178 on September and a £548 on August to reach £17,587.

Suggestions of tumbling used car prices unfounded , says Auto Trader

Auto Trader director of data and insights Richard Walker has stated that suggestions of tumbling used car prices “unfounded” – but conceded that demand is softening.

More than one-in five nearly new cars now priced above new equivalents

More than one-in-five nearly new used cars advertised via Auto Trader are now priced above their brand-new equivalents after a further 31.3% year-on-year rise in values during January.

Used car price growth doubles in three months as market continues to skyrocket

Used car price growth doubles in three months as market continues to skyrocket
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