Used car sales demand has reached record levels in the first week after car dealers reopened, according to analysis from AutoTrader.
Used car demand has surged as road users desperately snap up cheap vehicles as a replacement to public transport amid the coronavirus pandemic. AutoTrader has revealed demand has dramatically risen with demand increasing by 37 percent week on week in England.
Used car interest is also up in areas where dealerships are still closed suggesting a sudden rise in sales is expected as soon as restrictions are eased.
Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.