Used car sales rebound in June but demand will lead to price increases

Overall the used car market is down 17.7% year on year with used car imports down 57%
Used car sales rebound in June but demand will lead to price increases

There were 72,401 used car transactions in June compared to 57,615 in June 2019, an increase of 25.66%. It follows significant falls in transactions over three months, where used car transactions decreased by 14% in March, 65% in April and 42% in May.

Michael Rochford of MotorCheck who compiled the figures said there was pent up demand from those wishing to buy and sell vehicles due to the lockdown and Covid-related restrictions.

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