Tag Archives: Indicata

Cox Motor Group has deployed Indicata’s used car pricing platform across its eight franchised dealers to support used car growth. The dealers represent Honda, SEAT, VW, MG, and the Group’s Automart sites. Geoff Stothert, Cox Motor Group’s sales director, said: “We work on a 7-day strategy of repricing stock by using Indicata data. It ensures we spend time reviewing every ...

BEV prices have moved just 0.8% between July 2024 and January 2025 (£160 on a typical £20,000 used car), according to the latest Indicata Market Watch used car pricing insights report. Sales of used BEVs accounted for a 5.9% share of the total used market in January, a record since the Indicata report was launched five years ago. Dean Merrit, ...

Used BEV prices rose by 0.6% between the beginning of September and early October, according to INDICATA. Used BEV prices rose by 0.1% over a 3 ½-month period between July and mid-October, stabilising after months of falling prices. Dean Merritt, INDICATA UK’s head of sales, said: “All the signs from our latest Market Watch report are that demand and prices ...

Dealers could lose nearly £500m in 2024 through mispricing their stock, says INDICATA UK. Missed revenue opportunities are mostly attributed to dealers pricing their best cars too low and selling too quickly and holding onto low quality stock too long without lowering the price. Dean Merritt, INDICATA UK’s head of sales, said: “The level of used profit being left on ...

The used car market is witnessing a “significant” shift towards hybrids away from petrol. That’s the conclusion of the latest Indicata Market Watch report. IT said mild Hybrid Electric Vehicles (MHEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) accounted for almost one in three (30.8%) of July’s sales of used cars up to four years old. This came at the expense ...

Car supply is now close to pre-Covid levels but a consistent increase of manufacturer-backed tactical registrations could contribute to damaging used car values, INDICATA UK suggests. Manufacturer-backed tactical registrations increased by 39% in April, according to INDICATA UK’s latest Market Watch. Dean Merritt, INDICATA UK’s head of sales, said: “The used market continues in its healthy state as supply and ...

Steve Young There have been a few bits of news over the recent weeks all related to the used car business, all biased towards the UK market. However, as the pressures that have driven the various actions are not specific to the UK, then I hope that readers elsewhere will bear with me, because I believe that the lessons are ...

Prices of some used BEVs (Battery Electric Vehicles) and ICE cars started to reach price parity in Q1 2024, according to Indicata. In a White Paper called “Reaching used BEV and ICE car price parity” the white paper tracks the used retail car prices of all fuel types from 2020-2024, and importantly the highs and lows of used BEVs. This ...

Sales of EVs sub-two-years-old have recorded a market share of 11.2%, their highest ever in February according to an INDICATA UK market report. A 24% monthly increase in EVs sub-one-years-old entering the market contributed to this success following investment in incentive campaigns. Dean Merritt, INDICATA UK’s head of sales, said: “Each month our used EV data looks more encouraging as ...

The Ford Fiesta was the UK’s best-selling used car and the Toyota Prius was the second fastest-selling used car in September according to Indicata’s latest Market Watch report. Both cars have now finished production with no replacement planned for either model which suggests prices will continue to rise against a backdrop of strong demand and falling supply. The used Fiesta ...