Transportation & Logistics » Vehicles & Road Traffic » The UK Automotive Industry | New and used car market value in the UK, 2003-2014

Market value of new and used cars in the UK, 2003-2014

Market value of new and used cars sold in the United Kingdom between 2003 and 2014 (Figures are expressed in billions of British Pounds, except where otherwise indicated)

The data shows the market value for used and new cars in the UK between 2003 and 2014, in billion GBP. The used car market has grown thanks to the recession as more people now are looking for ways to save money. However, when compared to the difference in volume of new and used cars, the lower prices of used cars diminish the relative importance of the market.

2003	33.5	32
2004	32.4	30
2005	32.2	32.3
2006	32.4	33.9
2007	33	33.3
2008	28.1	32.4
2009	28	34.2
2010	28.7	35
2011	29	35.7
2012	32.3	38.1
2013	36.7	42.7
2014	43.4	45.1

Market value of new and used cars in the UK, 2003-2014

StatInvestor