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Consumer demand drives 8 1% increase in used car values on Auto Trader

Record car buyer engagement indicates fast return to health , says Auto Trader

1 person found this useful Auto Trader has said it expects the UK’s car retail sector to deliver a “fast return to health” after seeing a 12th consecutive month of rising used car prices and record online engagement from buyers in March. The online marketing platform said that the average value of a used car had risen by 7% year on year and like for like, to £14,110 last month as it recorded a record 69.7 million visits last month. Auto Trader’s 12th consecutive month of price growth saw an acceleration in values from the 6.6% recorded in February and was the first monthly increase in the rate of growth since October 2020.

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