Car Prices
HPI secures Inchcape deal
HPI has renewed its contract with Inchcape UK for a further three years. This latest agreement builds on HPI’s already strong relationship with Inchcape Retail Group, providing a clear illustration of the value it places on HPI’s data, combined with its emphasis on delivering premium service and management levels.
Car owners prepared to make upgrades
With second hand car values soaring motorists have worked out that there’s rarely been a better time to make improvements to their car. That’s according to recent research from Kwik-Fit.
Latest falls complete prestige car sector price correction
Last month’s fall in trade prices for prestige-brand used cars should allay growing concerns amongst dealers about unsustainably-high prices, suggests Glass’s.
Couples argue over car prices
Couples argue more about the price when buying a car together, than any other purchasing consideration. Research by online used car retailer Carsite.co.uk, found that in more than one in four cases (25.7%), money was the number one reason for getting into a dispute with their partner over what car to buy.
Petrol guzzling 4x4’s go green
It’s no secret that the 4x4 sector has long been under fire for being excessive and unnecessary petrol guzzlers that are a menace to the environment and other road users.
Used car values fall for second month running
BCA’s latest Pulse report shows that average used car values have decreased for the second month running – the first time there have been consecutive monthly falls since August of last year.
Time-consuming credit crunch commuting
During a previous recession, one former Government official found himself in trouble after suggesting the unemployed members of the population should ‘get on their bikes’ to find work.
Ferrari 599 China auctioned for 1.2 million euro
The unique Ferrari 599 China was won tonight by an anonymous client from Shanghai at the final price of about 1.2 million euro (including taxes).
Used car prices fall online first at Autoquake.com
The values of used cars are falling and they are dropping faster online than on the forecourt reveals online used car retailer, Autoquake.com.
Avoid the VAT trap with a new Nissan
Any Nissan buyer concerned their new car might not be delivered by the end of 2009 needn’t worry – they won’t have to pay the Government’s higher rate of VAT.
New world auction record set for Aston Martin DB2
Preeminent international auction house, RM Auctions, concluded its 2009 auction season on a high note in London, posting £10.9 million in total sales with a strong 87% of all lots sold at the third-annual ‘Automobiles of London’ event.
September average used car values - a very mixed message
BCA is reporting mixed messages from the used car market in September as overall used car values decreased for the first time since last November and price performance varied significantly between the first and second halves of the month.
Costliest optional equipment worth little on used car market
Many of the most costly items of optional high-tech equipment currently available on new prestige-brand cars are worth very little on the used market, according to the latest analysis from GlassGuide.co.uk.
End to used-car price rises as winter lull beckons
Prices for used cars have stabilised, and there is now the prospect of falls in values during the final quarter of the year, according to the valuation team at Glass’s.
Used car market sees unprecedented prices
With a 3% month on month rise in used car values in August and a staggering 30.68% year on year increase, according to leading vehicle auction company, British Car Auctions (BCA), average prices in this vital sector of the economy are showing unprecedented growth.