We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
Fewer used cars were sold in 2007, but those that did sold for a higher price, according to auction company BCA's used car market report.
7.1 million used cars were sold last year, down 384,000 on 2006. A total of £33.3billion was spent on vehicles, second only to 2006's £33.9billion.
Private-to-private sales suffered the most, falling 6.1%. Dealers also shifted fewer units, but managed to keep the drop to just 2.7%. Despite the drop in sales numbers, average selling prices actually rose.
BCA claims the fall in sales stems from a period when rising bills and the economic worries were just beginning to kick in.
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
