recent articles

Read All About It

Check Out Our Latest Articles, Help Guides And Videos

news update

UK's Top 200 Dealers Witness Decline in Used Car Sales, New Figures Reveal

May 24, 20232 min read

According to new figures from CarCondor.co.uk, the UK's Top 200 used car dealers experienced a decline in sales during April. The data reveals that sales of second-hand cars saw a notable increase of 10.54 percent, reaching a total of 159,478 units. However, there was a significant drop in revenue, with the Top 200 dealers collectively earning £3.39 billion from used car sales, compared to £3.81 billion in March.

The most significant decrease was observed in new stock, which plummeted by nearly 19 percent compared to the previous month. The number of new cars available for sale fell from 198,035 units to 160,814 units. These figures indicate a reversal of the positive trends seen in March, when sales rose by 6.8 percent and revenues increased by over ten percent.

Despite the overall decline, Arnold Clark maintained its position as the most stocked dealer on the list of 200, with 25,844 second-hand cars in stock, representing a rise from the previous month's 24,690. Marshall held onto second place with 9,071 cars, while Evans Halshaw secured second and third positions with 8,573 and 7,916 used cars in stock, respectively.

autoengage advert

Among the online disruptors in the market, Cinch climbed one place to ninth position with 4,620 cars in stock, while Cazoo remained in 11th place with 4,529 cars available. The Mazda CX-5 retained its position as the fastest-selling used car among the Top 200 dealers, while the Ford Fiesta maintained its status as the top-selling car.

For those interested, the full list of dealers and their stock levels can be accessed below, with Car Dealer website members having the privilege of accessing the data as part of their membership.

Overall, the data indicates a decline in used car sales for the Top 200 dealers in the UK during April. Despite an increase in the number of second-hand cars sold, revenue experienced a significant decrease. The drop in new stock availability was even more pronounced, contributing to the overall decline in sales. These figures highlight a reversal of the positive trends observed in March. However, certain dealers, such as Arnold Clark, managed to increase their stock levels, and specific car models, like the Mazda CX-5 and Ford Fiesta, continued to perform well in terms of sales.

The original article can be read at cardealer.co.uk

car dealer newsmotor trade news
Back to Blog

Our Guarantee

I am 100% completely confident in the results that AutoEngage will produce for any dealer, so much so that I will always happily prove them up front!

Everything we do, brings a near instant ROI, in most cases our motor trade partners earn before they even pay us anything...

Heard it all before?!

How do you know it will be different this time?

Listen I understand what it is like to run a dealership as i've run my own, I've been exactly where you are now. Whilst running my own dealerships I spent £Hundreds of thousands of my own money on advertising and marketing to try and help sell more cars.

Most was good, but there was a lot that was really bad! I bought plenty of stuff that looked great on paper, but left me with nothing apart from a lighter bank balance.

Thats why when I started AutoEngage my #1 priority was to provide a near instant return on investment. I am pleased to say that I have definitely achieved that and always happy to prove it!

The motor trade is a small world that unless you have worked within it, you will never truly understand it. I have used my 29 years of motor trade experience of working in & owning my own car dealerships and put it into AutoEngage.

Quite simply AutoEngage will easily & cost effectively help you sell more cars every month, even in December! By booking sales appointments with your previous customers, generating 5⭐️ google reviews and helping you manage all of your incoming leads turning them into customers.

However I don't expect you to take us at face value and that is why I am always happy to put my money where my mouth is and show you results up front!

Questions?

Not sure if we are going to be able to help your dealership?

Drop us a message on the web chat below and we will arrange a convenient time to call.

Ready to transform your dealership ?

Power-up your lead generation, generate 5⭐️ reviews and sell more cars with AutoEngage!