Market value of new and used cars in the United Kingdom (UK), 2003-2014

This statistic compares the market value for used and new cars in the United Kingdom (UK) between 2003 and 2014, in billion British pounds. The used car market has grown thanks to the recession as more people now are looking for ways to save money. However, when compared to the difference in volume of new and used cars, the lower prices of used cars diminish the relative importance of the market.

Market value of new and used cars sold in the United Kingdom (UK) between 2003 and 2014

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Sources

Release date

2015

Region

United Kingdom

Survey time period

2003 to 2014

Supplementary notes

Data for 2003 was made available in a previously released report.

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Statistics on "Used car industry in the United Kingdom"

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