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Top News In Auto Trader Market Insight Today - Breaking & Trending Today

'No evidence' of end to used car price rises after 19th month of growth

Auto Trader has reported that the average price of a used car has risen by £3,000 since May as the imbalance of consumer demand and vehicle supply shows no sign of abating. ....

Richard Walker , Auto Trader , Auto Trader Market Insight , Jaguar Land Rover ,

Used car prices grow further following reopening of showrooms


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Used car price growth has accelerated significantly, according to Auto Trader,  following the reopening of showrooms last month.
Based on the circa 440,000 used vehicles currently advertised on its marketplace, the average price of a used car increased by 6.8% year-on-year on a like-for-like basis last week.
It not only marks 53 weeks of consecutive price growth, but a sizable increase on the 5.7% YoY recorded during the week of April 12, following which growth levels have increased consistently week-on-week.
Increased consumer demand is highlighted by the average number of daily cross platform visits on Auto Trader. Last week the figure was 2.4 million, an increase of 41% on the same period in 2019. ....

Richard Walker , Auto Trader , Auto Trader Market Insight , ரிச்சர்ட் வாக்கர் , ஆட்டோ வர்த்தகர் ,