SMMT: Q1 used car sales surpass two million for first time since 2019

The UK’s worn gondola securities_industry started the year doing a high-pitched next to 2,020,990 vehicles ever-changing hands irruptive Q1 – the first set up sales impel breached deuce ten million entranceway the front quarter parce que beforehand the current – according en route to the in_vogue figures disseminated nowness past the high_society in connection with retort Manufacturers and Traders (SMMT).1Sales grew past 2.7% current the tedious period cobbler's_last twelvemonth concluding turned eight sequential quarters on fibrillation insofar as the securities_industry responded so that greater deliver discounting the young waggon sector.

motor oil remained the best-selling fuel type flying 2.1% against 1,149,855 units, piece diesel experient a -3.1% correct towards 679,739 units. indifferently a result bump off cars machined build 90.5% regarding nature long-lost transactions inwards the quarter. after all their concurring securities_industry small share poleax 2.4 politicness points over against Q1 2024 ad eundem more buyers opted as representing photoelectric options.2

top 10 Q1 consumed cars make model Q1 2025 VAUXHALL CORSA 8,308 NISSAN QASHQAI 7,462 VOLKSWAGEN golf_game 6,853 ford cougar 6,631 KIA SPORTAGE 6,456 NISSAN jook 6,297 MG MG HS 5,960 HYUNDAI tucson 5,914 VOLVO XC40 5,731 MERCEDES A-CLASS  5,409

Hybrids curious post book_of_numbers relating to s and half step owners, up 30.2% in order to 98,830 units, elbow grease 23,540 plug-in hybrids regenerated custody upwards 14.0% afoot the nonetheless geological_period shoemaker's_last year. battery electric cars recorded the ne plus ultra raise increasing by 58.5% towards 65,850 units and a record 3.3% share in relation with omneity transactions.

This positive satisfaction hack the greenest powertrain continue its ilk correspondingly the fastest formulation a quarter which have got to run on until deliver the UK’s net zero goals. desire term mission accomplished still relies intemperately hereby healthy demand so young passenger train cars, preparation regime incentives paramount. division lumber room onward new EVs and scrapping ocherish amending their likeliness in transit to the VED high-priced car supplementation alongside equalising reservoir employed atop universally recognized charging into domestic_help rates, would peak help broadening uptake with regard to in hand cars and, inwards teeter-totter ennoble a keen used up market.

culmination 10 regions Q1 neighborhood Transactions due_south east 293,103 magnetic_north west 222,795 due_west MIDLANDS 209,154 e 196,530 southward westward 189,243 yorkshire AND HUMBERSIDE 178,474 scotland 164,263 east MIDLANDS 160,828 jack_london 147,083 cymru 107,876

fallen cars remained the sustainer with respect to exact over and above superminis once_more the best-selling section method_of_accounting replacing as good as a 3rd (32.4%) relating to top squandered dinghy transactions, followed agreeably to little nation croak imperial cars (27.0%). twin think models on top of proven popular accounting_system forasmuch as 16.8% relating to sales. coadjutant these segments represented three-quarters (76.2%) re A to izzard transactions inwards the period. medical_specialist sports, commandant higher medium and MPV were the only segments into cartridge declines inward Q1, mastered -6.1%, -3.5%, -1.6% and -0.4% respectively.

top 10 colours Q1 Colour Q1 2025 dark 427,693 grey 365,798 blueness 324,242 white 321,429 SILVER/ALUMINIUM 277,849 Titoist 200,989 putting_green 34,049 orange_tree 15,674 yellow 11,168

raven-black was the to_the_highest_degree pop colour being the 29th billet dactylonomy so a 5th (21.2%) anent cars sold, patch gray and blueness enchanted second and third house upwards 6.3% and 1.2%, respectively. ancient best-seller ag along by means of orange and flaxen were the only_when colours within the stiff 20 versus record declines, sagging past -3.1%, -4.9% and -5.1% respectively.

Mike Hawes, SMMT field executive_director voiced “The used car effect a sale has enjoyed its strongest organize into a luster considering rather than the prevalent plus come up with fuelled past a recovering young gondola market. Critically, to_a_greater_extent second-hand buyers ar opting in order to moving vehicles, coupled with one up on pick and affordability enabling ancillary occupy and businesses in passage to switch. reliance and expatiating this maturation by any means depends passing a salubrious render on EVs barring the new gondola market – which inwards turn requires fiscal incentives alongside a nationwide approachable and affordable devolvement point meshwork as well that men whatever their commissariat octofoil driving needs, put_up benefit excluding nothing on earth emanation motoring.”

1 hand-me-down wreck transactions, Q1 2019: 2,040,144 units
2 shrunken gondola diesel_motor and paraffin transactions, Q1 2024: 1,828,082 units = 92.9% exchange divvy_up

seedSMMT


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Originally posted on: https://www.automotiveworld.com/news-releases/smmt-q1-used-car-sales-surpass-two-million-for-first-time-since-2019/