NEWS

BCA has joined CAP in reporting a decrease in used car prices after analysing recent auction results.
The ‘real world’ fall shows dealers are willing to pay less for stock at car auction.
An average used car is now worth £5784: the fall is a modest quarter-percent, but it is a fall nonetheless.
Particularly as it affects [...]

FORD is introducing lower priced models in a confirmation of a story Car Dealer Magazine ran last week.
Today, the blue oval has announced it is reducing list prices of the Mondeo, S-Max and Galaxy – with the MD ADMITTING that Ford’s approach up to now isn’t working!
Current promotions, which have cut up to 15 percent [...]

VAUXHALL is launching a special series of lower-priced Expression models with cuts of up to £3675.

‘Almost all’ Vauxhall model ranges are now boosted by the lead-in entry-level models, which are badged either Expression or ES.
The firm says it is doing it to attract buyers who previously thought Vauxhalls were too expensive. However, it is keeping [...]

UNPRECEDENTED demand for used cars is shattering CAP predictions that prices would stabilise in the summer.
The latest edition of the price guide shows further increases in used car prices.
This is creating big headaches for car dealers, reckons CAP, who remain desperate for stock - despite a slight decline in retail demand.
As there are relatively so [...]

USED car prices are rocketing at a rate double that of FALLS normally seen at this time of year!
CAP says April generally sees a fall of 2 percent in trade values.
However, in 2009, values have INCREASED – by a staggering 5 percent.
What’s more, for 3 year old cars, the average increase is more like 6 [...]

DIESEL cars are still worth more than petrols on the used market, reports auctioneers BCA… for now, that is.

However, the gap is beginning to diminish – and may in time disappear.
This is because so many fleets are choosing diesel models instead of petrol ones, due to the savings and tax benefits they offer. Thus tipping [...]