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News
Used car prices steady but EV demand grows
4+ day, 18+ hour ago (187+ words) Average used car prices were recorded at £17,131 in August, according to the latest Auto Trader Retail Price Index. This represents a marginal year-on-year decline of 0.1% and a monthly fall of 0.4%. Meanwhile, used cars sold in an average of 30 days, which…...
Cazana warns of volatility in used car market
5+ day, 23+ hour ago (251+ words) The used car market is set for a volatile period after average prices at the three-year point rose by 0.5% in August, according to the latest data from Cazana. Meanwhile, average prices for one-year-old cars rose by 0.7% during the month, or…...
Dunns Automotive brings ADAS solutions together on one site
6+ day, 15+ min ago (163+ words) Dunns Automotive has launched a new website to bringing together its ADAS, diagnostics and workshop equipment. The new website brings together equipment from leading manufacturers including Autel, Hella Gutmann, Supertracker, and OSCA Technology. ADAS specialists since 2019, Dunns Automotive also offers…...
Average used car values dip despite EV increases
1+ week, 5+ day ago (207+ words) Average used car values fell by 0.9% during August, according to the latest analysis from Solera cap hpi. At the benchmark three-year, 60,000-mile point, average values reduced by £195. One-year-old cars at 10,000 miles fell by an average of 0.5%, while five-year-old vehicles at…...
SMART repairs can add 134 sales a year to dealerships
2+ week, 5+ day ago (228+ words) New data has revealed that SMART repairs can accelerate and increase used car sales at dealerships by preparing vehicles for sale quicker. According to calculations carried out by Revive!, dealerships could sell an additional 134 cars a year by introducing SMART…...
Dealer funding growth reflects rising retail confidence
3+ week, 4+ day ago (203+ words) New analysis has revealed continued growth in dealer funding through the second quarter of the year. NextGear Capital, which is part of Cox Automotive, found increases in credit availability, vehicle funding volumes and demand for electric vehicles. The data also…...