Electric car sales hit record levels in the used car market
Used car sales rose for the first time in two years, as a buoyant UK market bounced back following a 2022 hampered by supply issues.
However, concerns have been raised over the volatility of the overall market by industry experts, who predict supply constraints will arise as a result of lower new car production post-Covid – and a cost of living crisis that has slowed private sales.
Figures from the Society of Motor Manufacturers and Traders (SMMT) reveal that the market grew by 351,915 (5.1%)
To access this content please subscribe
20% annual saving
Price includes a 20% discount for a team of 5