High Levels of New Car Registration Could Cause Issues for Used Car Dealers
David Bailey, who is a Professor of Industrial Strategy at the Aston Business School, highlighted this issue. Earlier this year, he pointed out that a flood of new cars could lead to too many vehicles flooding into the used car market, which could depress values.The only way this fall in prices, and therefore fall in profits for used car dealers, would be avoided was is if demand for used cars stayed high.
Sales of Used Cars in the East of England at Record Levels, Says DVLA Statistics
Figures covering sales during Q3 of 2014 for Great Britain and Northern Irelandshow strong car sales. This reflects a general improvement in consumer confidence.