I've always just used autotrader. It's surely the first place most serious buyers look unless they are after a 500 quid car or something specialist or performance?
I wouldn't go anywhere near Gumtree unless I wanted a 52 plate Saxo.
Trying to sell my car at the moment, currently on Gumtree for I think a more than fair price, but only had 35 views (1039 search appearances) and 1 message offering me £1,500 less than asking...
Not sure how long to leave it before listing on Autotrader? It's a Kia Sportage (so no, not Piston Heads).
Well the effects of the new car sales/registrations isn't going to be felt in the immediate future, more like in the next 6 months. Here are the figures for this year vs last year so far.
YTD April 2019 - 862,000
YTD May 2019 - 1,045,824
YTD April 2020 - 487,828
YTD May 2020 - ~500,000
That is over 500,000 less cars registered in the first half of the year, and only 2.311m cars were registered in 2019 (the May total is not exact as awaiting confirmation from SMMT), total sales/registrations for this year could be as low as 1 million.
Half a million cars is a lot of cars, if you take the ASP of £38,000, that is £19 billion of sales either not completed or cancelled, so far. I doubt that car sales will be anywhere close to normal prior to 2021.
How much of that in this country is due to the DVLA, though lol. Getting anything on the road at the moment is proving glacial as they're on skeletal staff like most places.
I'd share some of the data and forecasts we look at (a key part of my role is forecasting the car and van markets), but I'd like to keep my employment in these uncertain times!
The only word of caution is whether these recoveries are driven by orders already in the system.
99.x % of new registrations go through automated systems, which seem to be working as normal.
Germany have announced pretty big package for car market:
https://europe.autonews.com/automak...incentives-excludes-ice-cars-stimulus-program
Encouraging, imagine we'll get something similar here.
Encouraging, imagine we'll get something similar here.
Yep, hopefully get the same here as I alluded to earlier...Only for BEV, not ICE.
Just to add to this, how much shall we bet on another scrappage scheme? Only this time the next vehicle must be BEV?
......strokes TSLA shares lovingly.