I’d posit that there’s always a big shuffle around in the Summer after new cars have been sold, and it’s more so this year because the manufacturers have begun to clear last year’s “constipation” that was caused by chip and component shortages.
Money is still cheap because of the lags in the market but is getting dearer for both dealers and owners. This will squeeze both sides with dealers looking for faster stock movement and customers reviewing whether they should spend so much on financing their vehicle(s).
On the company car side of things, only idiots are running ICE rather than EV, and there’s finally a range of EV’s to choose from which is great price news for anyone wanting to buy used ICE up to 7 years old. (EV’s may take 12 - 24 months to arrive but they’re on their way.)
Last years fuel shock is over, with that 25% drop from the high, but fuel is still more than is usual, and especially so compared to the cost of charging an EV, so there’s still that pressure on big-engined petrol and diesels.
Glass half empty? Our vehicles are getting cheaper
Glass half full? That next vehicle is getting cheaper and easier to find. Especially after Summer and as we creep into Autumn.