Average UK Car Age 8.1 Years

This morning’s ‘news’ that there are now nearly 38 million cars on the road in the UK and that their average age is now 8.1 years will not come as a surprise to the average student of the motor industry and its many tributaries. Manufacturers have, for years now, been building ever more robust and reliable vehicles and a few of them are providing OEM warranties to show their confidence.  The social imperative, so...

UK's Biggest Car Dealer focus on used vehicles

The value of the used car business to franchised retailers in the UK is well known and exploited by all sectors. Pendragon’s statement is one in a long line of similar pronouncements from other PLC groups. It does, however, question the position of the fine line between ‘new’ and ‘nearly new’. Trevor Finn mentions pre-registrations in his report and, of course, as they become defined as used cars, they are...