The used car market has experienced its first upward movement of 2025, according to cap hpi, with a marginal increase at three-years/60,000-miles.
The January used car market shows significant improvements compared with December, says cap hpi.
December 2024 saw a seasonal lowering of used car prices that are typical over the festive season
Despite concerns surrounding the Autumn Budget and potential disruption to vehicle finance availability, the used car market has bucked seasonal trends.
According to the latest data from cap hpi, EVs have once again topped the charts as the best-performing fuel type in the used car market.
According to the latest data from cap hpi the September used car market showed a notable resurgence in the electric vehicle (EV) sector.
A study by automotive data experts at cap hpi reveals that EVs are written off at significantly lower rates than their petrol and diesel counterparts.
According to cap hpi, the used car market continued its unexpected resilience in August, and EVs showed increased desirability.