Car Prices
Exchange and Mart launches car valuation service
At a time when the used car market is reporting a shortfall in good quality used cars for sale, knowing how much a vehicle is worth can be a headache for buyers and sellers alike.
Car market relatively static as summer sets in
BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars is largely unchanged in July, but the fleet & lease sector has experienced more price pressure.
New car buyers must order now to beat VAT rise
A shortage of new cars means buyers must move fast if they are to beat next year’s VAT rise according to CAP, the used car pricing experts.
New car waiting lists a waste of time
Buying a new car can be a real waiting game, with buyers looking to get their hands on the latest models finding themselves facing waiting lists of more than six months.
More car buyers prepared to haggle on price
Britons are finally learning how to haggle, according to new research from Sainsbury's Finance which reveals that some 59% of those people buying a brand new car in the next six months said that they would haggle ‘very hard' or ‘hard', compared to only 52% in September 2009.
New Ford prices to set value benchmark
Ford is reducing the official recommended list prices on all its medium and small cars from August 2. This follows similar action on Ford's large car range in April and means that all Ford's acclaimed passenger cars now offer transparent value for money.
Audi A1 by Hirst fetches £350,000
The star of Sir Elton John’s White Tie & Tiara Ball last night (24 June 2010) was the Audi A1 car – specially spin painted by Britain’s foremost contemporary artist, Damien Hirst – which fetched a staggering £350,000 during the auction.
Modding and customisation could cost sellers dear at resale
‘Pimping your ride’ – adding modifications - could devalue a vehicle when it comes to its resale price, warns the UK's leading vehicle auction company, British Car Auctions (BCA).
Classic MGB joins supercar elite
An example of one of Britain’s best-loved sportscars, the MGB tourer, has claimed supercar status after being sold at auction for £141,922.
Price pressure is starting to show in fleet market
Average used car values fell by just over £200 in May, from £5,871 to £5,656, according to British Car Auctions (BCA). Performance against CAP Clean fell by one and a half points.
Bugatti Veyron fetches £625k at auction
A Bugatti Veyron, one of the world’s most desirable supercars, which went for a staggering £625,000, was the star car in a sell-out sale of 400 sports cars, coupes, performance vehicles, motorcycles and convertibles at leading vehicle auction company, British Car Auctions (BCA) sale at Blackbushe on Saturday 5th June.
Urgent need to tackle EV battery ownership issues
The new breed of electric vehicles (EVs) soon to be launched in the UK will have residual values well below those of rival petrol and diesel models, unless manufacturers properly address customer concerns regarding battery life and performance.
Renault Clios available at 1990s prices – for one weekend only
As part of a 20-day festival to mark the iconic Clio’s 20th birthday, between 21 and 23 May 2010, Renault dealers will sell 1,000 Clio Extreme 1.2 models for the same price as a Clio RL 1.2 from the early 90s.
Average used car prices rise again
Average used car values increased by £80 (1.4%) in April at BCA, to reach £5,871. Performance against CAP Clean fell however by nearly two and a half points.
Ford StreetKa UK’s best second-hand convertible
Ford’s StreetKa is the best second-hand convertible of the last ten years, according to research by online retailer Carsite.co.uk.