Dealers urged to be upfront on commission payment issues, as one in two buyers express doubt about buying finance
Half of buyers say they will question whether to use dealer provided car finance on their next purchase following last year’s landmark Court of Appeal ruling on undisclosed commission payments and the pending Supreme Court ruling on the matter. Fifty-three per cent of the 2,000 car buyers polled for the latest MOTORS Consumer Insight Panel […]
MOTORS reports record level of used EVs and hybrids on sale in January
The proportion of used hybrid and electric vehicles (EVs) stocked by dealers hit a new high in January, according to MOTORS’ Market View. Together these alternative fuel cars accounted for 17% of listings on MOTORS, up from 12% last January. The growth in inventory share was led by hybrids, up from 8% to 11% year-on-year […]
Used car sales off to a slower start in January as conversions dip for larger dealers
Car supermarkets and franchised dealers started the year with stronger used car inventories than last January but saw vehicles sitting longer on forecourts according to the latest Market View from MOTORS. For these dealers, the year got off to a slower start than in 2024 with the sold conversion rate down 11% and 13% respectively, […]
Nearly half of buyers plan to purchase a car before the end of 2025
Nearly half of car buyers expect to make a purchase before the end of the year, while most prefer to sell their existing car to a dealer and are willing to travel up to 50 miles to find the right car. These are among the findings of the latest MOTORS Consumer Insight Panel, independently researched […]
Used car buyers remained active in December, as online traffic outperforms seasonal norm
Buyers searching online for used cars remained active in December despite the distractions of the festive period. The final quarter of 2024 saw higher than average levels of online searches going into the traditionally slow pre-Christmas period, with MOTORS reporting its highest ever volume of December traffic. The relative strength of this online activity in […]
London and the south-east lead November’s used car price corrections, reports MOTORS
London and the south-east experienced the biggest drops in average used car prices in November as part of a wider trend which saw price corrections across the UK. MOTORS’ November Market View shows London prices dropped 4.3% month-on-month (MoM) from £24,043 to £23,014. Although the capital remained the most expensive place to buy used cars, […]
Supermarkets focus on profitability in November with increased stocks of sub two-year-old cars, finds MOTORS Market View
Car supermarkets sought out greater profitability opportunities in November by sourcing higher volumes of younger vehicles, according to MOTORS’s Market View. For the second month in a row supermarkets increased their inventories, averaging 214 units in November, a new high for the year, up from 200 in October and moving closer to last November’s total […]
Hybrids and EVs take their highest share of used car market in October, reports MOTORS’ Market View
The share of alternatively fuelled cars stocked by dealers hit a new high in October as the MG3 hybrid became the fastest selling used car averaging just eight days on forecourts, according to MOTORS’ latest Market View. Hybrids and electric vehicles (EVs) accounted for 14% of cars advertised by dealers, up from just 10% 12 […]
Car buyer confidence mostly positive following Autumn Budget
Despite the wide ranging announcements covering £40bn of tax rises announced in the Autumn Budget, most consumers say their car buying plans remain unchanged, according to the latest consumer research commissioned by MOTORS. Nearly two-thirds (64%) of the 1,000 car buying decision makers polled by Insight Advantage said their car buying plans had not changed […]
Appetite to make electric switch remains strong as barriers diminish, finds MOTORS survey
The appetite among buyers planning to switch to fully electric models for their next car remains strong as purchasing barriers start to diminish, according to new research commissioned by MOTORS. EV ownership has grown to the highest level (8%) ever recorded by the Consumer Insight Panel, with 19% of the 2,000 buyers polled saying they […]
