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UK Used Car Data

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The Power of Efficient Car Search Tools

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This article will delve into how car search tools are evolving to meet the needs of UK automotive dealers, focusing on the importance of efficiency and comprehensiveness in search functionalities.

UK Weekly Used Electric Car Market Data – 3rd February 2024

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The UK Weekly Used Electric Car Market Data report for 3rd February 2024 provides insights into the stability and slight changes in the UK’s electric vehicle market. Key points include a consistent dealer count with a minor decrease, slight growth in electric car listings in certain price bands, a decrease in the average Days on Market (DoM) suggesting faster turnover, and an increase in price revisions leaning towards decreases. The report highlights the market’s stability, increased interest in electric vehicles, competitive pricing, and a trend towards making electric cars more affordable and desirable for buyers.

UK Weekly Used Car Market Data – 3rd February 2024

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The UK Weekly Used Car Market Data report for the week ending 3rd February 2024 reveals minor market fluctuations. There was a slight decrease in the total number of dealers and rooftops, while the average listing price experienced a small increase. The analysis showed a decrease in the number of days on market (DoM) indicating a marginal improvement in market movement. The breakdown of listings by price bands showed minor decreases across most categories, except for a marginal increase in the >£50,000 category. Price revision data highlighted more decreases than increases in advert prices, suggesting a trend towards price adjustments.

UK Weekly Used Car Market Data – 27th January 2024

This week’s comparison at the end of January 2024 reveals a slight growth on lower-priced listings – is this prices dropping?

Combined with advert volumes may be pointing to a tendency among dealers to hold larger inventories as DoM remains stubbornly at +90 days.

UK Weekly Used Electric Car Market Data – 27th January 2024

EVs remain faster-selling cars than ICE – with the average Days on the Market being 16 days less than the average ICE sales across our dealer stock database.
This week’s key indicator was that the number of adverts with an INCREASING price doubled from 1,563 to 3,702. Are EV values now stabilising/moving up as DoM remains quicker than ICE?