Time-to-sell back to pre-Covid levels
11 May 2021
Retailers are now selling cars seven days faster than at the start of the year, with average days to sell now back to pre-Covid levels, figures from eBay Motors Group have revealed. Diesel vehicles sell fastest, followed by petrol: hybrids and EVs take at least nine days longer to sell.
However, the recovery remains “delicate, with the shortage of wholesale stock an ongoing concern across the sector” said the firm’s Dermot Kelleher. Figures from Auto Trader last week also revealed 1 in 4 retailers are now adjusting used car prices upwards because of supply and demand dynamics.