Used Car Sales On The Rise Once Again

Wed 13th Nov 2019

More than two million used cars were sold between July and September, marking a 0.9 per cent rise on the same period in 2018.

It is the first signal of growth for the used car industry in 2019, with electric plug-in and hybrid models leading the charge with a 13 per cent increase in sales according to the figures released by the Society of Motor Manufacturers and Traders (SMMT). 

The Ford Fiesta remained the most popular used car with more than 90,000 sold in the Q3 period, while the Vauxhall Corsa and Ford Focus also showed strong sales in excess of 75,000 sold.

Mike Hawes, chief executive of the SMMT, said: “This growth, following a prolonged period of decline, is encouraging and it’s great to see a growing appetite for plug-in and hybrid models as they start to filter down to the used market.

“However, ongoing economic uncertainty and growing confusion over local clean air zones make it difficult to predict the future. To make meaningful environmental gains, we need to get more of the latest, lowest emitting cars on to our roads replacing older ones quickly – and that means delivering the right conditions and policies to give new and used buyers confidence to invest in the vehicles that best suit their driving needs and budgets.”