These were the best-selling used cars in the first quarter of 2021
(Vauxhall)
The first quarter of 2021 has proved to be a turbulent time for used car sales, with the Society of Motor Manufacturers and Traders (SMMT) showing that sales fell by 8.9 per cent during the period. Trading has continued to be affected by coronavirus-related lockdowns which saw dealerships close their doors to the public and instead sell cars via online services.
The first quarter of 2021 has also showcased the most popular used cars being bought by consumers. Let’s take a look at them.
Ford Fiesta – 72,795
The Fiesta is one of Ford’s most popular models
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Cox Automotive has warned UK car dealers not to be âblindsidedâ by the automotive retail sectorâs headwinds after the optimism on an April sales resurgence.
Insight and strategy director, Philip Nothard, has said that retailers will have to be prepared to alter their prices and maximise profits in the weeks and months ahead as shortages of semiconductor microchips stall new vehicle supplies and the flow of used car stock into the market.
Nothard said that the challenges could âleave the market reeling until deep into 2022â.
He said: Retailers need to remain vigilant in the months to come and not be blindsided by this early optimism.
Electric vehicles will be cheaper than petrol cars by 2027, claims new report, as battery costs dive and demand climbs
Study claims manufacturing costs will be lower for electric saloons and SUVs compared to petrol-powered models by 2026
All EVs, including superminis, will be less expensive to make by a year later
Report claims this is due to cheaper batteries, with costs down 58% by 2030 compared to 2020
Green campaigners say more affordable prices means bans on new petrol and diesel car sales across Europe should come from 2035
That s 5 years later than petrol and diesel car sales are being outlawed in UK
For electric car drivers this meant a £75 drop in the average premium in the first quarter of 2021, while other motorists saw a £101 drop.
Dan Hutson, the head of motor insurance, at Comparethemarket.com, said the difference was explained by a range of factors, including electric cars having fewer complex moving parts to be damaged in an accident.
He added: âElectric cars are typically less likely to be stolen and more likely to be recovered when they are, due to their limited range and because charging them is relatively time-consuming.â
Electric cars have been growing in popularity with drivers, and UK figures from the Society of Motor Manufacturers and Traders showed 22,000 were sold in March.