Carwow has predicted robust and sustained demand by means of Q1 of 2025, significantly for used automobiles.
Used automobile enquiries positioned with sellers through Carwow elevated dramatically throughout This fall 2024, up by 49% versus the identical interval in 2023, whereas new automobile enquiries rose by 12%.
There was a 14% enhance in total visits to Carwow between Christmas and New Yr, in comparison with 2023. Over 750 automobiles had been listed in Carwow’s on-line auctions on twenty seventh December alone.
Ben Carter, chief buyer & advertising and marketing officer at Carwow, stated: “Our information exhibits that the New Yr typically triggers car-changing analysis for a lot of customers.
“Retailers can maximise their possibilities of success through the use of Carwow to accumulate used inventory, which they’ll then promote to hundreds of thousands of customers to drive gross sales on each Carwow and Auto Specific.
“Across the Carwow Group, we attracted almost 200 million visitors during 2024, with visitors to Carwow alone up by nearly a quarter on the previous year.”
A latest Carwow survey discovered that 30% of automobile consumers are actually extra possible to purchase used than new.
Carwow encourages sellers to make sure forecourts are replenished appropriately and that inventory is marketed correctly.
Final yr, Carwow acquired Autovia, a portfolio of visitors driving manufacturers together with Auto Specific, Carbuyer, Driving Electrical and evo.
Carwow’s total customer numbers had been up by 23% in 2024, yr–on-year.
