Number of second-hand cars sold at its highest ever level

The number of second-hand cars sold in the UK has reached the highest level yet, with just over 4.18 million vehicles sold in the first half of the year.

This figure represents an 8% increase in second-hand sales in the first half of 2015 and the first time ever that any half-year sales have broken the four million mark.

The Society of Motor Manufacturers and Traders (SMMT) have noted that the increase mirrored the rising number of new cars sold over the past few years.

Chief executive of the SMMT, Mike Hawes, has spoken about the figures, saying:

"The UK's used car market is at its strongest ever. The growth in the used car market has reflected the record demand for new cars in recent years, but future growth in high-cost purchases will depend on stable consumer and business confidence.”

The SMMT also noted that the most popular second-hand cars were those aged between one and three-years-old, super minis and small family cars.

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Photo courtesy of Robert Couse-Baker on Flickr, under Creative Commons