NEWS

Guest Blog: The 4×4 party is over

THIS year’s prestige 4×4 market has failed to bring all it promised back in October and November. Dealers are well stocked and availability is better than in recent years, which all adds up to falling prices – it seems the 2012 four wheel drive scene is not going to be quite as hot is it [...]

	4×4 prices are rising
BCA has revealed 4×4 values have already started to rise – and will climb further as Winter weather takes hold. September saw the value of four wheel drives begin to climb sharply, with prices now getting close to those seen in January and February this year. The average value for all 4x4s sold by BCA [...]

	4x4s help LCV values
MODEL mix helped average LCV values rally marginally in December from November’s low point, says BCA. Wintry conditions boosted sales of higher value 4×4 models, and changing model mix was largely responsible for the increase. However volumes of lower value part-exchange vans fell, while nearly-new volumes actually increased ‘but remain very marginal in the bigger [...]

	4×4 demand continues
MANHEIM reports 4x4s remain popular at car auctions after a recent auction realised 100 percent conversion. Not only that, the dedicated 4×4 sale at Manheim Rotherham also averaged prices of 104 percent CAP Clean! The Ford Credit Land Rover auction certainly impressed the finance arm’s Colin Normoyle. ‘Despite significant increases in CAP in this sector [...]

	4x4s set for price drop
VALUES of secondhand 4x4s and other large and thirsty cars are set to fall in the next 6 months as fuel prices rise. Online retailer carsite.co.uk says fuel prices edging over 120p per litre will mirror a downturn seen in 2008. This was when fuel prices last hit a peak – and ‘the additional financial burden [...]

		Used 4×4 prices record
		USED 4×4 prices hit record levels at BCA car auctions last month due to the extended snowfall. Demand for the vehicles saw a rise in values of 5.2 percent over December. This means values have almost doubled over the last year and a half! The January average value of an SUV was £12,918 – a [...]
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		Snow drives up 4×4 leads
		CAR buyers are driving up demand for 4x4s at car dealers due to the worst weather in 3 decades. Compucars reports that enquiries for off-roaders have risen by 10 percent since the weather has been bad. Indeed, 18 percent of buyers reckon they’ll buy a 4×4 this year. Compare that to less than 5 percent [...]
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		4x4s could save £230m
		EMPLOYEES who can’t get into work due to the current bad weather cost the economy £230m a day. This national cost could be saved if they chose a 4×4 from a car dealer! One canny retailer is thus taking the opportunity to promote value deals on SUVs – autoquake.com is pointing out not only is [...]
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		Bargain hunters in force
		CAR dealers report car buyers keen to grab a bargain motor are ALREADY hitting car showrooms. Carcraft is one retailer which reports a ‘record number’ of visitors since doors opened on Boxing Day. Director Mike Walsh said ‘despite some initial gloomy retail predictions for the Christmas and New Year period, customers are proving that they [...]
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		4×4 prices recovering
		HPI Valuations is warning car dealers to buy posh SUVs now before prices used prices start to rise. The under-fire sector is finally showing signs of recovery and prices are expected to go up. It is all thanks to newer greener models such as the BMW X6 and latest versions of the Land Rover Discovery [...]
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		4x4s back in fashion
		MOTORPOINT says demand for 4x4s and SUVs has ‘soared’ over the past month, defying national trends. SMMT figures indicate 4×4 sales have declined sharply… … but Motorpoint can’t get enough of them! Which has led the car dealer to call them this summer’s ‘must have’ item. ‘The 4 x 4 is definitely back with a [...]
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		4×4 demand still booming
		CONVERSION rates of 100 percent for Land Rover at a recent auction proved that 4x4s are still in favour. Manheim reported that over 200 Land Rovers offered by Ford Credit were sold – achieving an average CAP Clean value of 101.5 percent. This continues a resurgence in the SUV sector that has been underway since [...]
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