All the updated news related to used car

All the news related to used car updated in real time

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Motoring News

Used car prices continue to rise, despite economic turbulence

Used car prices continue to set new record levels, with demand said to be ‘largely unaffected’ by recent economic turbulence. According to Auto Trader, the average price of a used car in September was £17,409 – a £370 increase from August’s figure, ...

07 Oct 2022 at 14:17

City

Vertu Motors says new car prices still spiking as it posts £2bn revenues

Car dealership group Vertu Motors has reported its second highest half-year of profits as the price of new cars continues to spike. The group said it made £28 million in profits in the first half of the year after raking in £2 billion in revenues. ...

05 Oct 2022 at 13:08

Motoring News

What do I need to know about selling a car?

With parts shortages continuing to hamper the new-car industry, demand for used models remains high. Because of this, many drivers may be looking to capitalise by selling their own cars for the best price possible. Even though values have dropped ...

12 Aug 2022 at 14:41

City

Direct Line to increase insurance premiums after profits halve

Direct Line has seen profits almost halve and warned that insurance premiums will be increased to match the soaring cost of claims. The insurer said supply chain disruption and unusually high used car prices have pushed up claims costs for ...

02 Aug 2022 at 16:12

Features

What should I be checking when buying a used car?

Used car prices are still in hot demand, as the semiconductor shortage puts the squeeze on new car supply. With more people flocking to the used market than ever, prices continue to remain strong. So how can you make sure you’re getting ...

19 May 2022 at 13:22

Motoring News

The cut-price used supercars to buy now

Supercars represent the epitome of driving performance. These cars sit at the very top of what’s possible on four wheels, bringing huge performance, flamboyant looks and a whole lot of excitement. As a result, they command a serious ...

21 Feb 2022 at 16:55

One in five cars has more than 100,000 miles on the clock, says DVSA

Britain’s drivers are taking a “mend and make-do approach” to car ownership with a fifth of vehicles having more than 100,000 miles on the clock, according to new analysis. Driver and Vehicle Standards Agency figures show 9.1 ...

11 May 2022 at 15:55

Motoring News

Fuel economy now more important to car buyers than reliability

A vehicle’s fuel consumption is now the most important consideration for UK car buyers, according to a new survey. Fuel prices have risen dramatically in recent months, and though chancellor Rishi Sunak announced a 5p cut to ...

27 Apr 2022 at 14:55

Motoring News

Used car prices rise again with ‘no crash in sight’

Used car values have risen for the 29th month in a row, quashing fears of a crash in prices. Auto Trader’s monthly retail price index – which is based on daily pricing analysis of around 900,000 vehicles – showed that used ...

02 Sept 2022 at 16:40

One in five cars have more than 100,000 miles on the clock, says DVLA

11 May 2022 at 12:55

Motoring News

Majority of buyers think they got a good deal on their used car, despite rise in prices

Despite record used car prices, the overwhelming majority of buyers still believe they got a good deal, according to a new study. Used car values have boomed in the past couple of years, initially helped by pent-up ...

13 Jun 2022 at 13:19

Decline in used car sales halted as more become available

The fall in used car sales has been halted as growth in the new vehicle market means more are available, figures show. Some 1.8 million cars changed hands in the UK between January and March, the Society of Motor ...

10 May 2023 at 12:39

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pandemic
used cars

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