Increase in the average price of a car sold via Tootle

Time 4 years ago

TOOTLE, the online platform connecting private car sellers with trade buyers, has shown that the average price of a vehicle sold via the service rose by £1,685 from September to October to an average selling price of £12,043.

Oli Treleaven, account manager of Tootle, commented: ‘October saw an influx of newer vehicles with lower mileage come to the Tootle platform with prices rising accordingly, and sales continuing to grow.’

A similar trend has been seen year-on-year by Tootle. Amy Buckley, the company’s digital director, explained: ‘Since launch, our offering has resonated with all types of seller, but over the past 12-months we’ve seen strong growth from customers who eschew typical car-buying services but really value the simplicity of selling to trade.

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‘As we build further awareness of our brand, it’s expected that we’ll continue to see excellent growth in business from this audience.’

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Dave Brown's avatar

Dave, production editor on Car Dealer Magazine, is a journalist with more than 30 years' experience in the worlds of newspapers, magazines and public relations.

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