Used car prices FALL in March by tiny margin

In this exclusive interview, Mark Bulmer, senior valuations editor at Cap HPI, delves into the used car market's performance for March 2024.
He explains the subtle shifts that signal more market stability, with a detailed analysis of the 0.1% price adjustment in second-hand cars and the varied performance across fuel types.
Chatting to James Batchelor, Bulmer provides expert insights into the current trends affecting petrol, diesel, hybrid, and electric vehicles, highlighting the significant movements in specific models and what dealers can expect moving forward.
For the latest on used car prices and the market visit CarDealerMagazine.co.uk and click on the used car tab at the top of the page

[@karmanline2005]

Useful discussion, thanks. More data citations would be good. Thanks

[@philipmcardle2038]

Indicated that there was a rise in prices of petrol but didn't give any percentage falls of electric and diesel

[@MrGregShuttleworth]

EVs down 2.3% in March

[@philipmcardle2038]

Good to hear that retail prices are moving closer to wholesale prices

[@karmanline2005]

That depends who you are. Dealers are facing higher costs on all fronts, especially business rates, wages, finance, and energy.