Auto Trader’s chief operating officer, Catherine Faiers, has been talking to Car Dealer Live and given the incredible story that used car in sales May 2021 were the strongest ever on record, having come in as trading 14 per cent above May 2019.
She also reported that visits to the Auto Trader site are up between 25 and 30 per cent year-on-year, so they’re delivering ever-higher leads into dealerships.
But Ms Faiers also explained that around 1.7m sales had been ‘lost’ during 2020 thanks to the pandemic (sales which would normally have been made during normal circumstances). So, those lost sales plus increasing demand and a stronger economy all point the way for a very high trading year in 2021.