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Tag Archives: auto trader

Dealer Auction launches retail-ready stock source for dealers

Dealer Auction has launched an all-new retail ready stock source for dealers. This stock is sourced via Dealer Auction’s new overage solution, Make Me an Offer, which allows franchise retailers to automatically list ageing vehicles on the platform while they remain live on Auto Trader. Following the initial pilot phase, there have been over 2,000 retail-ready vehicles listed across Dealer ...

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Auto Trader data highlights increased discount efforts from retailers and manufacturers

Carmakers are expected to introduce more discounts on EVs in the coming weeks and beyond to shift stock and meet ZEV Mandate targets. In February, the volume of new cars being advertised on Auto Trader rose 3% MoM and 20% YoY. Bex Kennett, New Car Performance director at Auto Trader, said: “Although it’s been a somewhat lacklustre start to the ...

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Increased AI focus assists dealers with growth

The automotive industry is embracing the use of AI-powered tools to drive retailer growth and enhance customer experience. This includes chatbots from AutoConverse, Auto Trader’s Vehicle Highlights and heycar’s AI-powered search bar. AutoConverse noted a 43% increase in customer conversations with dealer chatbots compared with January 2024 – with a conversion rate of more than 48%. The chatbots provide a ...

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Continued stability of used car prices in January

The used car market has started off the year strong despite economic turbulence, according to Auto Trader. Cars are selling at a record pace, engagement on the platform is reaching seasonal highs and retail prices continue to stabilise. Auto Trader’s Retail Price Index reveals the average retail price of a used car (£16,774)  was flat in January on a MoM ...

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Industry enters 2025 with positive pricing trends

The average price of a used car in December was £16,649, down 0.6% MoM, compared with November. This year’s price movements are more in line with seasonal norms, says Auto Trader. The decline in prices of younger cars is impacting the movement of prices overall. In turn, pricing is driving the increased speed of sale. In December, cars sold three ...

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