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Latest News for 19 May 2013   
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Q1 used car sales at three-year high - June 6, 2012

Experian has found that Q1 2012 experienced the highest used car sales figures for a first quarter since 2009.


According to the latest Used Car Index, the volume of used car sales showed healthy levels of growth for the first quarter of 2012, with figures showing a 14.7% increase compared to last quarter, and a 0.2% increase compared to the same quarter in 2011.

All car segments enjoyed uplift in sales compared to last quarter, with the exception of the 4x4 segment, including the Range Rover Sport and BMW X5, which experienced a 1.3% drop. The MPV segment which includes the Vauxhall Safira and Renault Scenic, saw the biggest rise in sales with 103,415 units sold, a 26.7% increase compared to last quarter.

In terms of fuel type, the electric category led the upturn with both year-on-year and quarterly increases of 29% and 19.2% respectively. With 78,812 units sold, the Ford Focus was the best selling model in Q1 2012.

Andrew Ballard, principle consultant at Experian Automotive, commented: “It’s encouraging that 2012 has started positively. We are pleased to be able to show uplifts in used car sales across the board as well as identifying high performing categories. These include the increasing popularity of the MPV while environmental factors and the wider availability of alternative fuelled vehicles seem to be driving growth of electric and hybrid models. By using this type of analytical sales data, spotting trends is made easier for dealers who can tailor their stock mix according to both their region and also the current sales environment.”


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