Tag Archives: Motors

Electric vehicles are showing the biggest price drops, with a 2% MoM fall from £25,683 to £25,177 and a YoY fall of 13% from £28,829. Three Tesla models are included in the five biggest price falls in February, according to Motors Market View.  The biggest price drop was the all-electric MINI hatchback (3 to 4 years), down 5.6% to £14,249. ...

Half of buyers are hesitant with regards to using dealer provided car finance following last year’s Court of Appeal ruling on undisclosed commission payments, says Motors. In response to findings of this survey, which polled 2,000 motorists, Motors urges dealers to be upfront on commission payment issues. Fifty-three per cent of the buyers p were aware of the issue surrounding ...

The proportion of used hybrid and electric vehicles (EVs) stocked by dealers reached record levels in January. The two 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 (YoY), while EVs grew from 5% to 6%. Both fuel types have gained at ...

The latest Motors Consumer Insight Panel, which polled the views of 2,000 consumers, found that 47% of car buyers expect to buy a car before the end of 2025. A further 17% are currently searching or planning to buy before the end of March. Lucy Tugby, marketing director of Motors, said: “Our first Consumer Insight Panel of 2025 reveals the ...

Motors has partnered with ClickMechanic to offer used car buyers pre-purchase inspections of vehicles from independent dealers. The option for buyers to select an inspection will feature alongside vehicles listed by independent dealers on Motors. The partnership aims to help independent dealers facilitate remote sales from outside their territories and increase conversion. Lucy Tugby, marketing director of Motors, said: “Transparency ...

Buyers searching online for used cars remained active in the month of December with online traffic outperforming season norms, reported MOTORS. Traditionally, the pre-Christmas period is a slow period but significant activity in the final quarter of 2024 has led to MOTORS reporting its highest ever volume of December online traffic. Lucy Tugby, marketing director of MOTORS, said: “December is ...

London and the south-east experienced the biggest drops in average used car prices in November. The falls were 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, significantly higher than ...

Car supermarkets sourced higher volumes of younger vehicles in November to maximise profitability, according to Motors. Supermarkets increased their inventories for the second month in a row – averaging 214 units in November, a new high for the year, moving closer to last November’s total of 220. Lucy Tugby, marketing director of Motors, said: “While November was characterised by small ...

Over two-thirds (69%) of buyers say they would consider using finance provided by dealers, according to MOTORS. The latest Consumer Insight Panel research polled the views of 2,000 car buyers. Retailers include funding options as well as costs on their websites and 71% of buyers say this would make them more likely to consider finance provided by dealers. Lucy Tugby, ...

Hybrids and EVs collectively accounted for 14% of used car listings in October, according to MOTORS’ Market View. Hybrids took up 9.6% of stock levels, up from 7% a year ago, while EVs grew from 3% to 4.6%. More younger hybrids were sold – those aged under two years which were up by 52% YoY achieved their highest ever volume ...