The UK’s used car market fell for the second consecutive quarter this year, declining -12.2% over the three months of July to September, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Some 1,785,447 vehicles changed hands, the first time that quarter three transactions have dipped below two million since 2015, as semiconductor shortages impacted supply of stock. In the year to date, sales are now down 9.7% to 5,319,482.

Used battery electric vehicle sales bucked the trend, however, with Q3 reflecting growth in the electrified new car market as activity rose 44.1% to 16,775 transactions, adding up to 48,032 in the year to date. The market for used hybrid electric vehicles (HEVs) also grew, up 2.5% in the quarter with 41,479 cars finding new owners, taking the yearly total so far to 119,722. Plug-in hybrid (PHEV) transactions, meanwhile, fell -5.8% to 13,899 in Q3, though they remain up 7.1% since January at 44,724.

It means that, driven by an ever-growing choice of zero emission capable models reaching the used car arena, combined transactions for electrified vehicles reached 4.0% market share in the third quarter, up from 3.3% a year before. Used petrol and diesel vehicle continued to dominate, however, totalling 1,708,299 transactions in Q3 with petrol taking the lion’s share of the total market at 57.1%.

Sales declined across all segments, but superminis maintained their popularity, with a 32.2% market share, followed by lower medium (26.4%), while carrying the smallest decrease (-0.8%) was dual purpose in third (14.7%). Collectively these three segments account for more than seven in 10 (73.3%) of all used car purchases in the quarter. Meanwhile, MPV transactions fell the most, down -18.5%, followed by minis (-18.2%) and upper mediums (-17.1%).

Black continued to prove the most popular used car colour, accounting for a fifth (21.4%) of the market, ahead of grey which moved into second place – up from fourth this time last year – while blue remained in third. Demand for silver vehicles fell by 18.0%, the most for any colour, as it slipped from second to the fourth best seller this quarter.

Sales of silver cars fell by 18%