Automobile supermarkets and franchised sellers noticed autos sitting longer on forecourts based on the most recent Market View from MOTORS.
For these sellers, the yr bought off to a slower begin than in 2024 with the offered conversion fee down 11% and 13% respectively, whereas independents elevated their gross sales by 1%. Total January’s gross sales volumes had been down 4% year-on-year (YoY).
The gradual uptake was additionally mirrored in a rise in days to promote, up month-on-month (MoM) from 33 to 35 days and YoY (30 days).
Inventory ranges throughout all vendor sorts averaged 51 vehicles, on a par with 50 items final January, however down MoM from 55 items, though this was the very best degree recorded in 2024.
Automobile supermarkets entered the yr with 11% extra inventory than 2024 and franchised sellers had been up 5%, while impartial sellers had been flat.
The common value of a used automobile on MOTORS in January was £17,619, up simply 0.3% (£57) MoM, in step with the incremental actions seen all through final yr, and 1% up YoY from £17,461.
The largest MoM value rise by mannequin was the all-electric MG4 (1-2 years) which elevated 9% to £24,319, whereas the most important dip was the hybrid Hyundai Tucson (1-2 years) dropping 6% to £26,490.
The quickest promoting used automobile in January was the Cupra Formentor (19 days), adopted by the MG3 (20 days) Tesla Mannequin 3 (21 days), MG ZS (21 days) and MG HS (23 days).
Ford was probably the most seen automobile model, accounting for 13% of on-line views, adopted by Volkswagen (9%), Mercedes-Benz (8%), BMW (7%) and Audi (7%).
“January historically will get off to a gradual begin for the used automobile market as consumers deal with Christmas invoice funds and households put together for the brand new faculty time period.
“However, this year was compounded by a succession of storms bringing high winds, flooding and snow to most of the country,” mentioned Lucy Tugby, Advertising and marketing Director of MOTORS.
“Because of this sellers noticed their gross sales conversion drop, in comparison with the identical interval final yr, with many now carrying over unsold inventory into February.
