The challenges facing the used car market (and how to conquer them)

The post-COVID used car market has grown exponentially over the last three years, sending demand through the roof and prices sky-high. But, as the semiconductor shortage eases and cash-rich buyers turn back to new car finance, in-market experts are starting to question whether this is simply a bubble on its way to bursting, and how dealers can continue to succeed if it does.

Karen Hilton, CEO of quality used car marketplace Heycar; Jacqui Barker, Global OEM Director at Keyloop; Nigel Hurley, CEO of CarShop; and Martin Miller, owner of EV Experts, join us for the next instalment of Autocar Business Live as we will discuss how used car dealers and OEMs can overcome the current challenges facing the market.

As the post-Covid used car boom continues to throttle back, we explore how dealerships and online retailers can tackle the challenges head-on and continue to succeed despite an easing semiconductor shortage turning buyers back to new car finance. How long until the used car bubble bursts (if it ever does)? Which used models are seeing the most success? How will falling prices for used electric cars affect the market? Is Q1’s rise in leads cause for long-term optimism?

We’ll answer those questions and more in this live, free-to-join webinar, getting our experts to pass comment and give advice in this challenging time.

The webinar will be hosted by Autocar’s Mark Tisshaw, as we take a deep-dive into used car trading in these tough times.

Audience members will be able to submit questions during the event, which will be addressed during the webinar, time permitting.

Autocar Business is our industry-focussed brand, which provides news and insight into the business of the automotive world.

  • Speakers keyboard_arrow_down
    Jacqui Barker OEM Director Global (Alliances Team) Keyloop Bio
    Nigel Hurley CEO CarShop
    Martin Miller Founder EV Experts Ltd

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