Indicata UK has introduced a used car intelligence platform that monitors pricing trends and supply and demand dynamics for individual vehicle brands and models.

The platform delivers comprehensive used vehicle insights for OEMs, leasing & rental firms, and dealers

The new Market Tracker tool consolidates historic market trend data going back up to five years and real-time monthly data into a single dashboard, providing comprehensive used vehicle insights for OEMs, leasing and rental companies, and dealer groups.

Market Tracker enables users to build a pattern of used vehicle brands and individual models based on data from all used cars sold in the UK over the past five years aged above three years and 38,000 miles.

The intuitive dashboard enables users to quickly interrogate the data by make, model, body type, fuel type, category, segment and transmission, with all data updated monthly.

It’s designed to benefit individual segments in different ways. Leasing and rental companies can monitor residual value pressures, assess portfolio risk and optimise fleet composition.

OEMs, meanwhile, can track competitive positioning, monitor market share movements, and analyse model performance across segments. And dealer groups can identify pricing opportunities, forecast demand patterns and improve stock turn efficiency.

Dean Merritt, Indicata UK’s head of sales

Dean Merritt, Indicata UK’s head of sales, said the new tool represents an evolution in how customers can access the firm’s data.

“It leverages Indicata’s years of used car market data and expertise to transform it into clear, actionable insights for used car and remarketing professionals.

“Market Tracker provides access to big data with speed and precision which is invaluable in this current environment where used markets are changing quickly,” he added.

Four different levels of subscription are available to meet users’ needs, ranging from a highly accessible tool with simple filters to a multi-country, all-brand decision-making engine.