Used Car Sales Surge as Cash-Strapped Buyers Avoid New Vehicle Market

Second-hand car sales have seen significant growth as consumers, feeling the financial pinch, increasingly turn away from the new vehicle market. According to the Society of Motor Manufacturers and Traders (SMMT), from July to September, transactions for used cars surged by 4.3%, reaching nearly 1.96 million. Among these transactions, electric vehicles (EVs) achieved a notable...