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Used car market information

Car Label on windscreen

Background & Challenge

With three times as many used cars changing hands as new, and the emergence of all the new powertrain systems into the used arena, the used car buyer can become confused. Previous work on car labels has shown how fragmented the information available to car buyers is in the second-hand car market. This project aims to coordinate the critical information for used buyers and will be run in close collaboration with involved organisations such as BVRLA, NFDA, Autotrader etc.

Objectives

  • To prioritise the key data needed by second-hand car buyers about the new, cleaner vehicles technologies available and the potential cost and emissions savings
  • To coordinate the collation of necessary information affecting car drivers when selecting a vehicle (eg CAZ compliance, tax costs, fuel costs etc)
  • To produce comprehensive, useful tools to help buyers choose the cleanest, greenest used cars

Actions & Outputs

  • Initial workshop with stakeholders in the industry to identify and agree the key issues
  • Collect evidence and, potentially, create a central database of available used car information
  • Produce a guidance document for car dealers
  • Dissemination & stakeholder engagement


Timeline

April 2020 – March 2021


A member view...

The LowCVP provides an effective way of engaging with a broad range of stakeholders and policy makers.
Sophie Ogunbiyi, Manager, External Affairs, Toyota Motor Europe