More than two million used cars changed hands in the first few months of this year, shows data from the Society of Motor Manufacturers and Traders (SMMT). To be exact, there were a total of 2,020,144 transactions during this time, with March proving to be a particularly high-performing month in terms of sales.
A report from the Society of Motor Manufacturers and Traders, cited by Motor Trade Insider found that here in the UK, the motor trade industry turns over a staggering £64.1 billion every year. Not only that, but more than 770,000 are employed by the industry.