Car Prices
Used car demand up
With the scrappage scheme in its final month, consumer demand for £4-6,000 second-hand models is expected to surge as new cars become less value for money, says e-retailer Carsite.co.uk.
New-car market downturn will have adverse effect on used stock
The protracted downturn in new-car sales over recent years will have a significant effect on the used market in 2010 and beyond, warns Glass’s Guide.
SsangYong slashes up to £4,500 off selected models
It’s hares that are supposed to go mad in March, but this year it’s SsangYong dealers who have gone positively bonkers.
CAP launches review of electric vehicle sector
Uncertainty over the performance of electric vehicles means reliable future residual value forecasting is currently impossible, CAP has announced.
Used car market improves despite average price falls
BCA’s Pulse report shows that average used car values decreased in January, following an increase in December, but once again this was largely due to a change in model mix.
4x4 values reach record levels
Average values for 4x4’s reached record levels at BCA in January, according to the company’s latest Pulse Price Report.
Ten ways to stop losing money from your car
Unusual body colours, messy interiors, short MOTs, missing paperwork or scratched alloy wheels are just some of the ways drivers are losing hundreds of pounds off the resale value of their cars.
Nissan Cube squares the residual value circle
Small cars don’t have to mean big depreciation, not if they take the right angle… Now that the Cube has gone on sale in the UK, Residual Value experts have made their assessments and delivered the good news – Nissan’s quirkiest city car is a Residual Value winner.
More cars being bought but buyers spending less
Drivers seem to be a little more confident about car buying during 2010 than a year ago, but are planning to spend less, according to the latest Car Purchase Index (CPI) published by AA Financial Services.
Honda Jazz tops table for holding its value
The Honda Jazz is Britain's best car for retaining its value according to Parker's annual depreciation report which surveyed almost 300 model ranges.
New Astras entering used car market – opportunity on older model
With the arrival of an all-new and very attractive Astra at the end of Last year, the used market for nearly new Astras is in flux.
Used car price rises mask sector declines
BCA’s latest Pulse report shows that average used car values increased in December, following three months where values have fallen.
Snow leads to increased car insurance disputes
Used Car Expert magazine has seen a significant increase in number of enquiries via its website UsedCarExpert.co.uk relating to disputes with insurance companies over the value of their car, which have been written off by snow-related accidents.
New car buyers faced with too much choice
New-car buyers are faced with too much choice, and the growing number of diverse products offered by manufacturers is causing consumer confusion, according to research by Glass’s Guide.
Barclays: December SMMT car registration figures
Keith Parry, Head of Motor Retail at Barclays, said: "The government's scrappage scheme has been a huge success, drawing people into showrooms and has accounted for almost 300,000 additional vehicles coming onto the market in 2009.