Used Market Still Showing Impact of Covid Hangover, Finds Indicata

Used car market still impacted by supply challenges

New research has exposed a continued supply challenges in the used car market with models aged three to four years old reaching a new low in August. According to Indicata […] The post Used car market still impacted by supply challenges first appeared on Bodyshop Magazine.

Record decline in volume of used cars from 36-48 months

There has been a dramatic fall in the number of used cars available for sale between three and four years old, new analysis suggests.

Used market still showing impact of Covid hangover, finds Indicata

The volume of 36-48-month-old used cars in the UK has dropped to a record low, according to the latest Indicata Market Watch report.

Volume of 36-48-month-old used cars in the UK fall to record levels

The number of used cars available for sale between three and four years old (36-48 months) reached a record low in early August, according to Indicata’s Market Watch report. Just 23% of the UK’s used stock fell into this age group which shows that restricted new car supplies and delayed fleet replacement cycles caused by the fall out from Covid are still having an impact on the UK used market. The volume of sub-two-year-old used stock has increa…