The UK used car market continues to grow, with recent DVLA statistics showing that used car transactions have grown by three per cent year on year during late summer/autumn 2015. Year to date used car transactions have also increased, by 4.2% and 225,000 units year-on-year according to Autotrader.co.uk.
The 4×4 segment showed the strongest performance with used sales of large and small 4x4s growing by 9.1% year on year as the UK moved towards winter, and savvy shoppers prepare for weather warnings. So right now, and not surprisingly, it costs more to buy a 4 x 4.
Auto Trader, the UK’s largest digital automotive marketplace for buying and selling new and used vehicles, have revealed the Top 10 most searched for 4x4s.
- BMW X5
- Land Rover Range Rover
- Land Rover Range Rover Sport
- BMW X3
- Mercedes-Benz M-Class
- Honda CR-V
- VW Touareg
- Land Rover Range Rover Evoque
- Toyota RAV4
- Audi Q5
Auto Trader’s Retailer and Consumer Products Director Karolina Edwards-Smajda, said; “The current increasing levels of used car transactions are a bi-product of the strong new car registrations that have been experienced over the last few years, with these vehicles now re-entering the used car market. Transactions for nearly new cars less than one year old and cars between one and three years old are fueling the growth, showing an increase of 8% and 15% year-on-year respectively.”