Home » Market News » DirectorsTalk Highlights » Bull run in the used market and dealers have benefited as a result
Marshall Motor Holdings Plc

Bull run in the used market and dealers have benefited as a result

It is 10 years since the financial crisis which initially, caused used car values to decline before making a strong recovery. In fact we have seen a bull run in the used market over the past seven years and dealers have benefited as a result.

The latest data from the Auto Trader Retail Price Index, reveals how the average price of a used car has grown from £8,997 in 2011, to £12,731 in 2018, a 42% hike.

 

Marshall Motors Holdings Plc (LON:MMH) principal activities are the sale and repair of new and used vehicles. The Group’s businesses comprise a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.