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Industry analysts have forecast a massive rise in demand for used cars following a slump in the sale of new vehicles over the past two years.

One car sales website has told the Daily Telegraph newspaper that poor sales in 2008 and 2009 had a significant effect on the available stocks of three-year-old former fleet vehicles.

Carsite told the Telegraph that around three quarters of former fleet cars tended to enter the used car market after a three-year period. But with a fall in the sale of new cars throughout 2008, there is most likely going to be a shortage of ex-fleet vehicles between March and September 2011.

It said that it believes the total amount of ex-fleet cars entering the used car market by September 2012 will stand at just 40,000 – some 20 per cent less than the amount of cars that entered the used car market at the same time three years previously.

Former fleet vehicle stocks should remain adequate until March next year, and will then fall by 20 per cent by September and by another 20 per cent by March 2012, said Carsite’s Alistair Jeff. He added that there was some light on the horizon – stocks of former fleet cars should improve after March 2012 due to a boost in the sale of new cars this March.

“Some used models have experienced significant increase in value over the last 12 months and the reduced supply from 2011 to 2012 should strengthen residual performances but potentially trigger further price increases,” Mr Jeff added.

“With scrappage gone, the focus is back on the used cars market. It’s a very interesting time for the industry.”

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