A used car supply shortage in the third lockdown is beginning to drive used car prices up.
Demand from used car buyers – despite dealerships being closed and operating via click and collect only – is still high and outstripping supply.
The findings come from Cox Automotive insight director Philip Nothard who says supply issues have meant prices are likely to remain relatively steady.
He said: ‘With a third national lockdown announced at the start of the year, supply issues were expected, but retailers operating under click and collect measures have helped keep prices relatively stable.
‘As January has progressed, both supply and demand have also increased, but we anticipate supply pressure to continue in the short-medium term.’
The latest used car stocking figures for December have also been revealed by CarCondor.co.uk and show Arnold Clark topped the Top 200 list with more than 30k used vehicles on its forecourts.
Sytner-owned Car Shop overtook Evans Halshaw by just over one hundred cars to take second place.
The full list of the Top 200 used car dealers by stock can be found at the bottom of this post.
Strong demand
The positive used car pricing news from Cox echoes that of Cap HPI who told Car Dealer last week that it did not foresee used car prices ‘falling off a cliff’.
There are also reports of strong demand for motor finance during the early stages of the lockdown too.
Startline Motor Finance says it has written more business so far in January than in the same period last year, but does believe current demand is running at half usual levels for dealers.
‘We are starting to see reports that the overall used car market is about 50 per cent down but our experience is that different dealers are having very different experiences,’ said CEO Paul Burgess.
‘Some are doing much better than others.
‘There is the possibility that we are, so far, seeing some deals being written that are carried over from the pre-lockdown period but there are also strong anecdotal indications that people are continuing to buy used cars in number.’
In the wholesale market, Cox Automotive reports that ‘retail ready’ cars that have been ‘accurately graded’ are in high demand.
Average sold prices at auction are stable year on year at £5,993.
Nothard added: ‘Supply of these vehicles hasn’t been enough to match demand, leading many retailers to broaden their stock profiles.
‘As we approach the end of forbearance and with the sector having around nine-months of backlog, we could begin to see increased volumes entering the market in the months ahead.’
Average mileage on wholesale stock is now 66,352 with cars 90.9 months old on average.
Used car stock
The top 200 used car dealers saw sales rise by 10.5 per cent in December compared to November’s lockdown.
CarCondor.co.uk – which offers Car Dealer website members access to its data free of charge – has revealed revenue generated from those sales was £1.91bn.
The fastest selling car during the month was the Porsche Macan, compared to the Ford Ranger in November and the best selling used car was the Ford Fiesta.

Porsche Macan was the fastest selling used car in December
CarCondor’s William Gomes said: ‘Since we’ve been tracking data December has never sold more used cars than November, but obviously with the country opening up this had a large effect on what happened.
‘Many dealers that weren’t equipped to offer distance selling suffered in November and made larger gains in December. At the extreme ends several dealers increased sales by 60 per cent while others sales dropped by 15 per cent.’
The Top 200 list of dealers by used car stock for December is below.
Rank | Dealer Name | Avg Stock | Rank Change |
---|---|---|---|
1 | Arnold Clark | 30,097 | |
2 | Car Shop | 10,180 | 2 |
3 | Evans Halshaw | 10,051 | -1 |
4 | Sytner | 9,387 | -1 |
5 | Bristol Street Motors | 8,835 | |
6 | Inchcape | 7,491 | |
7 | Motorpoint | 7,060 | |
8 | Marshall | 6,187 | 1 |
9 | Lookers | 5,963 | -1 |
10 | Lancaster | 5,039 | 1 |
11 | Cazoo | 4,952 | 4 |
12 | Available Car | 4,758 | 1 |
13 | JCT600 | 4,726 | -1 |
14 | Group 1 Automotive | 4,505 | -4 |
15 | Cinch | 4,185 | 1 |
16 | Big Motoring World | 3,675 | -2 |
17 | Listers | 3,373 | 1 |
18 | Cargiant | 3,276 | 4 |
19 | Stoneacre | 3,243 | |
20 | Motorline | 3,195 | -3 |
21 | Trust Ford | 2,932 | |
22 | Robins & Day | 2,804 | -2 |
23 | Car Base | 2,708 | 2 |
24 | John Clark | 2,655 | |
25 | Stratstone | 2,539 | -2 |
26 | Perrys | 2,315 | |
27 | Mercedes-Benz Retail Group | 2,308 | 7 |
28 | Parks Motor Group | 2,258 | |
29 | Steven Eagell | 2,194 | -2 |
30 | Hendy Group | 2,168 | -1 |
31 | Glyn Hopkin | 2,148 | |
32 | Motor Depot | 2,040 | 1 |
33 | Pentagon Motor Group | 2,035 | -3 |
34 | Peter Vardy | 1,998 | 4 |
35 | Fords of Windsford | 1,917 | 4 |
36 | Eastern Western | 1,837 | |
37 | Johnson Cars Limited | 1,825 | -5 |
38 | Snows Group | 1,660 | -3 |
39 | Carzam | 1,647 | |
40 | Allen Motor Group | 1,549 | -3 |
41 | V12 Sports and Classics | 1,378 | 6 |
42 | RRG Group | 1,356 | -1 |
43 | Sinclair Group | 1,354 | -3 |
44 | Helston Garages Group | 1,345 | -2 |
45 | Lloyd Motor Group | 1,300 | -2 |
46 | Dick Lovett | 1,227 | 2 |
47 | Hilton Garage | 1,222 | -1 |
48 | Williams | 1,219 | 3 |
49 | Drive Vauxhall | 1,218 | -5 |
50 | Carworld | 1,200 | 8 |
51 | CarStore | 1,190 | -1 |
52 | Swansway | 1,158 | -3 |
53 | Agnew Group | 1,145 | 1 |
54 | Heritage Automotive | 1,144 | -1 |
55 | Bridgend Motor Group | 1,141 | |
56 | HPL Motors | 1,128 | 1 |
57 | Eden Motor Group | 1,103 | -12 |
58 | SW Car Supermarket | 1,071 | 4 |
59 | Robinsons Motor Group | 1,061 | -7 |
60 | Stourbridge Motor House | 1,056 | 3 |
61 | Donnelly Group | 1,023 | -2 |
62 | Vindis | 1,019 | 4 |
63 | Harwoods Group | 1,018 | -7 |
64 | Dudley Motor Company | 1,017 | 3 |
65 | Howards Motor Group | 999 | |
66 | Ron Skinner & Sons | 991 | 3 |
67 | Holdcroft | 986 | -3 |
68 | Motorparks | 985 | -7 |
69 | Frank G Gates Ltd | 965 | -9 |
70 | Clarks Direct of Kidderminster | 953 | 2 |
71 | Yeomans | 937 | -3 |
72 | Ludlow Motors | 895 | 10 |
73 | Halliwell Jones | 889 | -3 |
74 | Hartwell | 886 | -1 |
75 | Wilsons of Epsom | 882 | |
76 | Citygate Automotive Ltd | 828 | 1 |
77 | Chorley Group | 820 | 2 |
78 | Mon Motors | 816 | 2 |
79 | Saxton 4×4 | 808 | 7 |
80 | Penton Motor Group | 802 | 7 |
81 | Norton Way Honda | 800 | -3 |
82 | LSH Auto | 798 | -11 |
83 | Car Time | 790 | |
84 | Vospers Motor House Ltd | 782 | 5 |
85 | Thurlow Nunn | 771 | -11 |
86 | Caffyns | 771 | -10 |
87 | Peoples | 767 | -6 |
88 | Sandicliffe | 767 | 8 |
89 | Hawkins Motor Group | 751 | 1 |
90 | Vantage Motorgroup | 718 | -5 |
91 | Quality Part X | 700 | |
92 | Marriot Motor Group | 694 | -8 |
93 | Day’s Motor Group | 679 | -1 |
94 | Brindley Garages | 674 | -6 |
95 | Sandown Motor Group | 652 | |
96 | Endeavour Automotive Group | 649 | 1 |
97 | WJ King Group | 627 | 3 |
98 | JCB Group | 615 | 1 |
99 | Arbury | 608 | 3 |
100 | Jemca Group | 585 | -7 |
101 | Richmond Motor Group | 576 | -3 |
102 | St Leonards Motors Group | 552 | -1 |
103 | Motorhub | 540 | 2 |
104 | Fish Brothers | 540 | 12 |
105 | David Hayton | 509 | 26 |
106 | Barretts | 505 | 6 |
107 | Dace Motor Group | 502 | 1 |
108 | Hatfields | 501 | 7 |
109 | National Car Hub | 499 | 9 |
110 | The Hughes Group | 496 | -7 |
111 | Cotswold Motor Group | 478 | 6 |
112 | Sutton Park Group | 477 | |
113 | Desira Group PLC | 476 | -3 |
114 | Eddie Wright Car Supermarket | 476 | -3 |
115 | TC Harrison Ford | 476 | -8 |
116 | Cox Motor Group | 473 | -10 |
117 | EMG Motor Group | 469 | -8 |
118 | Right Car Supermarket | 469 | 2 |
119 | W R Davies | 452 | 2 |
120 | Ancaster | 443 | -7 |
121 | Sandles Car Supermarket | 441 | 21 |
122 | Eastbourne Motoring Centre | 429 | -28 |
123 | Sascron | 429 | 10 |
124 | Birchwood Group | 421 | 3 |
125 | Jeff White Motors | 420 | 10 |
126 | Northwest Autos | 418 | -12 |
127 | Peter Cooper Motor Group | 415 | -2 |
128 | Ballyrobert | 415 | -4 |
129 | Stebbings | 413 | 7 |
130 | Bowker Motor Group | 405 | -1 |
131 | John Grose | 401 | -12 |
132 | FG Barnes | 400 | -4 |
133 | Pinetree Car Superstore | 398 | -11 |
134 | Riverside Motor Group | 392 | -11 |
135 | Direct Cars Limited – Sheffield | 391 | -5 |
136 | Drift Bridge Group | 390 | -10 |
137 | Premier Car Supermarket | 374 | 2 |
138 | Cars2 | 368 | |
139 | Read Motor Group | 367 | 5 |
140 | Burrows Motor Company | 367 | -3 |
141 | Autotrade South West | 365 | 4 |
142 | Pulman Motor Group | 361 | -8 |
143 | Toomey Motor Group | 357 | -11 |
144 | Stephen James Group | 351 | 4 |
145 | P&A Motor Vehicles | 325 | -5 |
146 | Formula 1 Car Supermarket | 323 | -42 |
147 | Foray Motor Group | 313 | -6 |
148 | TMS Motor Group | 311 | 3 |
149 | Wilmoths Group | 310 | 1 |
150 | Eastbourne Motoring Centre | 307 | -7 |
151 | Hadwins Motor Group | 307 | 18 |
152 | FJ Chalke and Vale Motors | 304 | -6 |
153 | Delgarth Motor Group | 304 | 13 |
154 | Sherwoods Motor Group | 302 | 1 |
155 | Auto 100 | 298 | 1 |
156 | GreenHous | 297 | 3 |
157 | Hippo Motor Group | 297 | |
158 | Lakeview Cars | 292 | 4 |
159 | Ocean Automotive | 291 | -5 |
160 | Furrows Group | 288 | -13 |
161 | Croyland Car Megastore | 287 | 16 |
162 | FRF Motors | 287 | -13 |
163 | Winchester Motor Group | 286 | -3 |
164 | Mitchell Group | 285 | -11 |
165 | Richard Hardie | 283 | -13 |
166 | Trenton Motors | 278 | -1 |
167 | Quest Motor Group | 276 | |
168 | Harratts | 273 | -10 |
169 | Nick King Car Sales | 273 | -5 |
170 | J & J Motors | 271 | -7 |
171 | Chapel House Motor Group | 265 | -10 |
172 | Reed Autos | 265 | 4 |
173 | Affordable Cars | 262 | 7 |
174 | Holden Group | 258 | 8 |
175 | JT Hughes | 255 | -7 |
176 | Palmers Motor Company | 249 | -6 |
177 | GMO Cars | 246 | 4 |
178 | Ron Brooks | 242 | |
179 | Blackbird Crossroads Motors | 242 | -8 |
180 | Skyman Motors | 240 | -5 |
181 | Sturgess Motor Group | 240 | -7 |
182 | PRV Phoenix Vehicle Resale | 240 | -3 |
183 | Picador PLC | 237 | -11 |
184 | J. F. & E. Hadwin Group | 234 | -1 |
185 | Mike Brewer Motors | 233 | -1 |
186 | Hilton Car Supermarket | 229 | |
187 | Henley Cars Ltd | 229 | |
188 | Harvey’s Autos | 226 | |
189 | Vehicle Trade Centre | 226 | 2 |
190 | OMC Motor Group | 224 | |
191 | Best Seat Deals – Stoke Seat | 223 | -4 |
192 | Budgen Motor Group – Telford | 222 | -7 |
193 | Redline Specialist Cars | 219 | -5 |
194 | Prestige Cars Kent | 218 | -21 |
195 | DSG | 218 | -3 |
196 | Fort Used Car Centre | 216 | -7 |
197 | Hills of Woodford | 215 | 3 |
198 | Rates | 214 | -4 |
199 | Wembley Prestige Cars | 211 | -3 |
200 | Island Car Centre Limited | 211 |