Used car prices are still high primarily due to a lack of used stock within the market place. Owners are keeping their cars longer, they have scrapped them in exchange for a brand new one and currently late plate and pre-reg stock is very thin on the ground with manufacturer production slow downs and reduced daily rental volumes. So overall we see less used cars coming into the market.

This continues to mean that a premium is being paid by the trade to buy used cars and this premium is being passed on to the forecourt to retail customers. Supply and demand being what it is. Total Automotive Solutions by 100’s of used cars a week and have seen this price rise although their extensive range of used vehicle supply channels mean that they have the time to pick out some of the best offers and pass these savings onto their trade customers. Clearly though most dealers don’t have the time to shop around dozens of remarketing companies and auction houses as well traders and leasing companies, the outsourced vehicle procurement option is serving TAS’s customer base well.