Buying A Used Car ? Great Tips And Advice – Used Car Market Trends for 2019

Buying A Used Car ? Great Tips And Advice – Used Car Market Trends for 2019

If you’re thinking of investing in a used car this year, you certainly wouldn’t be alone. The used car market has remained strong for years now, offering the opportunity to buy models you otherwise wouldn’t be able to afford brand new. Provided you do your research, it’s possible to save thousands of pounds on a used car that’s in practically pristine condition. 

However, with so many models available and numerous factors to consider, choosing the right used car for you isn’t always easy. So, to give you a little help, below you’ll discover some of the top used car market trends for 2019. 

Which models are dominating this year?

Figures released by the Society of Motor Manufacturers and Traders (SMMT), show that in the third quarter of 2018, used car sales were near a record high. So, which models are dominating the market?

Demand for electric and hybrid vehicles went up by 28.6%, though it’s estimated in 2019 sales of electric vehicles will start to fall. Although new charging points are constantly being added across the country, there is still a long way to go before electric vehicles can be seen as more convenient than petrol or diesel varieties. 

Instead, it is estimated that the following vehicles will dominate used car sales this year:

  • Ford Fiesta
  • Ford Focus
  • Vauxhall Corsa
  • Volkswagen Golf
  • Vauxhall Astra

If you really want to follow the trend, you’ll also want to pay attention to the colour of the car you’re buying. Black cars are currently the most popular option, followed by silver, blue, grey and white. 

Wholesale price of used vehicles decreasing

In December 2018, the wholesale price of used vehicles decreased. This means, throughout the first quarter of 2019 at least, buyers can expect to pay cheaper prices on used models. Dealerships are able to pass on the savings while still making a profit. So, if you are on the lookout for used cars NI, now is definitely the time to consider buying if you want to take advantage of low priced deals. 

A focus on more practical models

Another trend to watch out for, is the shift away from expensive, sporty cars. These days, likely because of the current economic climate in the UK, buyers are starting to go for more practical models. They simply want something that’s going to get them from A to B without costing a small fortune. This is reflected in the list of models proving to be the most popular mentioned earlier.  

Overall, the used car market is still going strong and it’s likely to increase in popularity even further throughout 2019. The above are just some of the trends to watch out for this year.