Used car sales had a great 2021. The pandemic caused the industry to run at reduced capacity, and the supply chain issues that resulted in slower production lead times meant car manufacturers struggled to shift vehicles to the market.
UK used car transactions grow 11.5% in 2021 with 7,530,956 units changing hands.
Weaker Q4, down -3.1%, contrasts with record Q2 to round off a volatile year.
Record demand for used battery electric vehicles, up 119.2% with 40,228 transactions.
Overall used car market still down -5.5% on pre-pandemic five-year average.
596-598 Seven Sisters Road, Tottenham, United Kingdom, N15 6HR
Reg Office: 151 High Road
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Sentinel Cars are a credit broker and not a lender. We are Authorised and Regulated by the Financial Conduct Authority. FCA No: 626950 Finance is Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase.
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