A shift towards lower prices? Does our weekly data now suggest that UK used market is softening week to week? Read on > Key Points The total numbers of dealers and rooftops have seen a marginal increase between the 4th and 11th of November, 2023, from 9,901 to 9,989 and from 13,313 to 13,511 respectively.… Read More »UK Weekly Used Car Market Data – 11th Nov 2023
Learn how to build a website that shows used vehicle stock The automotive industry is rapidly evolving with the rise of online platforms for buying and selling cars. As a dealer or finance broker, staying ahead means leveraging technology to its fullest. This blog post guides you through building a robust used car search website,… Read More »How to Build Your Own Used Car Search Website
Key Points The total number of dealers decreased slightly from 9,905 to 9,901 over the week while the number of rooftops increased from 13,277 to 13,313. Advert numbers decreased from 925,924 to 915,474. However, the average listing price saw a slight increase from £18,921 to £18,952. The analysis of listings by price bands shows slight… Read More »UK Weekly Used Car Market Data – 5th Nov 2023
We are seeing a growth in competitors claiming to use AI to calculate used vehicle retail valuations. While some may be using a ”version’ of AI most of these techniques will be machine learning using a large database of car data to group similar data and produce a valuation. Claims of 80% accuracy seem, to… Read More »Valuations reach 98% accuracy.
Key Points The Total Dealers and Total Advert Numbers have seen a slight decrease from 21st October to 28th October 2023. The average number of days on market (DoM) has increased slightly, implying slower sales in the later period. In the breakdown of listings by bands, there are slight shifts in each price segment, with… Read More »UK Weekly Used Car Market Data – 28th Oct 2023
Key Points The total market saw a slight increase with dealers raising from 9,862 to 9,911 and rooftops from 13,344 to 13,624. The average price of a listing marginally increased from £18,915 to £18,987 while the average days in market increased by 1 day. The breakdown of listings by bands showed a slight increase across… Read More »UK Weekly Used Car Market Data – 21st October 2023
Key Points In the given period, from 7th October 2023 to 14th October 2023, the total number of dealers slightly increased from 9,748 to 9,862. This shows some growth in the market. (previous week here) The listing price bands show concentration in the lower price ranges, especially for listings under £10,000, and between £10,001 and… Read More »UK Weekly Used Car Market Data – 14th October 2023
Key Points Between 30th September and 7th October 2023, the Total Advert Numbers in the market increased from 853,726 to 891,069, indicating a growing market trend. The average price of listing showed a slight increase from £18858 to £18948 while there was no change in the Days on Market Average. In the breakdown of listings… Read More »UK Weekly Used Car Market Data – 7th October 2023
Automotive Data APIs have emerged as critical tools, leading the revolution in the auto industry. They are unlocking a new world of opportunities, from facilitating real-time data access to enabling sophisticated dealer analysis. This article will explore the significant roles and transformative impacts of Automotive Data APIs in the industry. This transformation has been driven… Read More »How Automotive Data APIs are Transforming the Auto Industry
The UK car market has seen some significant changes over the last few years. With the shift towards electric and hybrid cars and the rise of online selling platforms, it’s more important than ever to keep an eye on the latest sales figures and trends. In this article, we’ll explore the current state of the… Read More »UK Used Car Market Analysis 2022-2023