The used car demand in the United Kingdom in October 2022 was down 17 percent compared to October 2021. Used car demand had started to drop in February 2022, down to a level more in line with the market than it was at the onset of the semiconductor shortage, when used vehicle demand increased.
Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022
Characteristic
Demand growth
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Auto Trader. (October 1, 2022). Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/
Auto Trader. "Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022." Chart. October 1, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/
Auto Trader. (2022). Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/
Auto Trader. "Monthly Year-over-year Change in The Demand for Used Vehicles in The United Kingdom between January and October 2022." Statista, Statista Inc., 1 Oct 2022, https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/
Auto Trader, Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022 Statista, https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/ (last visited July 22, 2024)
Monthly year-over-year change in the demand for used vehicles in the United Kingdom between January and October 2022 [Graph], Auto Trader, October 1, 2022. [Online]. Available: https://www.statista.com/statistics/1350180/uk-monthly-year-over-year-used-car-demand-growth/