In April, the average price of a used car was £17,843. This represents a 1.5% rise on March levels and the largest monthly increase since November 2021. While used car prices have grown on a year-on-year (YoY) basis for 37 consecutive months, the rate of growth has gradually lessened since April 2022 which saw a […]

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Used car price growth has started to accelerate again, after 10 months of softening from April 2022’s all-time high of 32.9% growth. Auto Trader data shared exclusively with Auto Retail Agenda shows the average used car value is up 2.3% year-on-year and 0.7% month-on-month. The average used car price is now £17,720. The acceleration “could […]

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