Car Prices
Top Car sale at British Car Auctions
There is a clutch of high performance cars up for grabs in British Car Auction’s (BCA) next Top Car sale at BCA Nottingham on Thursday 21st October. Aston Martin, Lamborghini, Porsche, Bentley and Ferrari models will feature and the Top Car line-up already includes:
Motorists face £500 cash loss
Motorists are losing up to £500 when it comes to selling their car, research by Manheim Auctions has revealed. One in ten motorists fail to prepare their motor before they sell, and with every dent, scratch and scuff translating into cold hard cash, sellers will find their car is worth less than they thought.
Used car values climb again in September at BCA
There is further proof that the used market is settling back into a more typical seasonal pattern as BCA’s latest Pulse report shows that average used car values climbed in September.
Competitive residual value forecast for Nissan Leaf
CAP has announced the first forecast residual values for an all-electric vehicle with a prediction that the Nissan Leaf will retain 40% of its pre-subsidy list price at 3 years and 30,000 miles.
First time buyers miss out on auction bargains
First time car buyers looking to pick up a bargain are being urged to visit their local auction centre to make the most of their limited budgets. Almost half of young motorists who own their own car bought it themselves without any help from the bank of mum and dad, but missed out on great deals because they’re wary of buying at auction.
Men prepared to splurge £5k more than women on a car
Research conducted by FindsYouCars.com has revealed that when it comes to buying a new motor, men are prepared to splurge a massive £5k more than women.
Company car mileages fall by over 20%
Company car mileages have fallen in the depth of the recession despite the average age of stock increasing, according to an analysis of used fleet cars sold by the Aston Barclay Auction Group.
Autoquake.com brings low car prices to London
Autoquake.com, UK online used car supermarket, is continuing its rapid growth with the launch of a new handover centre in Southall, London.
Used car values rally in August at BCA
BCA’s latest Pulse report shows that the used car market rallied in August with values rising as supply reduced and professional buyers prepared for the busy autumn period.
New car depreciation hits buyers for £38 a day
New cars lose an average of £38 a day – or about 36% of their value – in the first six months of ownership, whilst three-year old second hand models shed just £3.10 a day over the same period, according to research by used car e-retailer, Carsite.co.uk.
New car discounts fall as prices go up
New car discounts have dropped by over 12% over the past 12 months, while most list prices have shot up.
Number of people planning to buy a car increases
The number of people planning to buy a car in the six months to February next year is at a three-year high, according to latest figures from the Sainsbury's Finance Car Buying Index.
Rolls-Royce Phantom sells for £195,500
Leading vehicle auction specialist, British Car Auctions (BCA), has reported continuing demand and interest for high value prestige vehicles, despite a recent drop in retail sales amid fears of a double dip recession.
Affordability of used cars continuing to grow
Average used car values are lower than 12 months previously for the first time this year, according to the Used Car Price Index published by CAP, the used car pricing experts.
Used car prices reflect economic slow down
Latest figures from leading car auction company, British Car Auctions (BCA), appear to reflect the general slow-down in the UK economy, which has been a feature of a number of other economic barometers released in the last few days.