Sales of used electric cars reach record market share
Sales of pure electric used cars reached a record market share last year, new figures show.
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Sales of used electric cars reach record high
Some 53,423 of the cars changed hands between July and September, the Society of Motor Manufacturers and Traders (SMMT) said.
Used EVs now cheaper than second-hand petrol and diesel cars
Values of used EVs have fallen past those of second-hand internal combustion-engined vehicles on average.
Trading Standards highlights risk of buying from car dealers posing as private sellers on social media
Officers said that they had seen a ‘large number’ of used car dealers using social media sites to advertise privately.
Used car market slumped by 8.5% in 2022
The Society of Motor Manufacturers and Traders (SMMT) said just 6.9 million vehicles changed hands in 2022, down from 7.5 million during the previous 12 months.
Used car prices rise again with ‘no crash in sight’
Auto Trader’s monthly retail price index – which is based on daily pricing analysis of around 900,000 vehicles – showed that used car prices rose by 15.6 per cent year-on-year in August to reach an average of £17,039.
Used car prices rise 27% at Lookers and queues for new cars grow
The average price of a used car sold by Lookers has grown by more than a quarter as a shortage of semiconductors pushed up demand for vehicles.
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11% of used cars bought without a viewing
Around one in 10 used car buyers now purchase their vehicles online without ever seeing them in the flesh.
Buyers beware! Half of used vehicles checked turn out to have a hidden history
Drivers looking to buy a used car in 2019 need to be on their guard as figures from the RAC suggest more than half (52%) have a hidden history that could lead to problems for new owners.
Network Q iVendi tie-up delivers online finance for used Vauxhalls
Vauxhall’s approved used car scheme, Network Q, has become the largest to offer online motor finance, using technology from iVendi.