Used car market delivers ‘best ever’ quarter

If you’re like us and spend all day trawling the classifieds (hint hint, head to the PH pages here…), you’ll have been shocked at the hike in used car prices. Or, if you’re selling (ahem, you know where to go) you’ll be pleasantly surprised that your old banger isn’t quite so much of a banger nowadays.

That mostly comes down to the sheer demand of people finally coming out of lockdown and getting excited to be back on the road again. In fact, industry big-bods SMMT has released its quarterly figures of analysis of the market. Stat fans, get excited; the used market as a whole grew over 108% in the second quarter of the year, with 2.1 million cars changing hands, those at PistonHeads HQ contributing to one or two of those.

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.

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