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Motor Market Limited

Used car sales and the pandemic
29 June 2020

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With Britain having been in lockdown for months, the car market has been affected with restrictions on car showrooms being unable to open, car sales have obviously dropped. But now restrictions are slowly being eased, we are hoping things can get back to some kind of normal.

Many dealers obviously had to close their showrooms during the pandemic, some were closed for nearly three months, only now with restrictions being lifted have they been able to open again but with stringent measures in place. This has obviously cost businesses money to put these new procedures in place, plastic screens, hand sanitizers and keeping staff and customers safe has been paramount to doors being able to open again.

Trying to sell a car and carry out a test drive has proved difficult whilst having to stick to the social distancing guidelines but car dealerships and business have had to comply with these rules.

Forecasting has shown that for used car values they have essentially unchanged from the start of the coronavirus pandemic, so this is good news in terms of leasing and PCP car finance offers. With most cars just sitting on peoples driveways (because they are on furlough or not going to many places) the mileage on our cars will be staying the same, so the value of your car will most probably be staying the same too.

Here at Motor Market, we have been working hard to put all of the government guidelines in place to keep our staff and customers safe, why not take a look at our online showroom if one of our approved used vehicles takes your fancy to give us a call, we will be only too happy to help look at finance options for you and help you drive away in the car of your dreams!  

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