used car sales

News

EV and hybrid used prices ‘fall by up to 31%’

The latest AA Used Car Index shows almost all of the top electric and hybrid models listed on the platform recorded double-digit price drops in Q2.

Fleet remarketing 23 Jul

News

Zenith grows fleet but profitability hit by used vehicle values

The vehicle leasing company has suffered due to volatility in the used car market, particularly with electric vehicles.

Fleet funding 22 Jul

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Leasing giant blames used EV values for multi-million pound loss

Lex Autolease, part of Lloyds Banking Group, has reported a £10.6m loss, just three years after pre-tax profits hit more than half a billion pounds.

Fleet funding 16 Jul

News

UPDATED: Electric car grant worth up to £3,750 | Warning of risk to used values

A new electric car grant – worth up to £3,750 off a new battery electric vehicle – has been confirmed by the Government.

Department for Transport 14 Jul

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Retail used car prices stable, but ‘pressure on younger vehicles’

A significant nuance in supply and demand dynamics is affecting retail prices, particularly among younger vehicles, according to Auto Trader.

Fleet remarketing 2 Jul

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Opinion: Electric vehicle used values shock the system

Philip Nothard, insight director at Cox Automotive Europe, examines the ‘shifting dynamics’ of the used electric vehicle market.

opinion 27 Jun

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Cox Automotive forecasts steady outlook for UK’s used car market

Cox Automotive is forecasting a steady outlook for the UK’s used car market, with both volume of transactions and trade values stabilising.

Fleet remarketing 25 Jun

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Used battery electric car sales reach record volume and market share

Battery electric cars recorded the highest growth, increasing by 58.5% to 65,850 units and a record 3.3% share of all transactions, new figures show.

Fleet remarketing 9 May

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Tesla Model 3 is the ‘UK’s fastest-selling used car’

The UK’s fastest-selling used car under four-years of age is the Tesla Model 3, according to the latest Indicata Market Watch report.

Fleet remarketing 24 Apr

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Used car market stable but pressure remains on electric vehicle values

Values for used battery electric vehicles came under the greatest pressure during March.

Fleet remarketing 27 Mar

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Dealer Auction handles £500m-plus worth of vehicle sales in 2024

Trade-to-trade activity on Dealer Auction saw buyers place 919,164 bids on stock in 2024.

Fleet remarketing 26 Mar

News

Used electric vehicle values to ‘stabilise’ in 2025

Cox Automotive gives its used car market expectations for 2025, as Cap HPI looks at how it is performing so far this year.

Fleet remarketing 26 Feb

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Nissan Qashqai tops list of most clocked cars

Most clocked cars and models with the highest mileage rollback revealed in new analysis.

Fleet remarketing 11 Feb

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Record rise in demand and market share for used electric vehicles

Demand continues to soar for used battery electric cars, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).

Fleet remarketing 10 Feb

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Octopus EV signs electric vehicle remarketing deal with Dealer Auction

Octopus Electric Vehicles has signed a fleet remarketing deal with Dealer Auction to create an digital marketplace for its used electric vehicles.

Fleet remarketing 5 Feb

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Used car market showing signs of improvement

There are positive signs for the fleet remarketing sector with the latest sales data suggesting an improving used car market.

Fleet remarketing 29 Jan

News

BVRLA warns of coming EV residual value storm

Electric vehicles now represent 37% of the total lease fleet and 44% of new additions, with some leasing companies already well above the 50% threshold.

Fleet remarketing 15 Jan

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Price rise for used EVs and hybrids | Petrol and diesel values fall

Prices of second-hand EVs and hybrids rise in the final three months of 2024.

Fleet remarketing 9 Jan

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Positive outlook predicted for used car market in 2025

Used car prices are predicted to rise in 2025 as the market deals with the impact of a Covid-affected 2022, where just 1.61 million new cars were registered.

Fleet remarketing 8 Jan