NEWS

USED car prices will follow their usual patterns over the second half of 2010 despite the risks of falling demand.
Glass’s says the trend that’s been set in the first half of 2010 will continue, even though the economic outlook is on the bleak side – and despite steeper-than-average falls in May and June.
Thus, monthly [...]

USED car sales fell 7.6 percent in Q1 2010 reports Experian, with upper medium sales leading the decline.

They were down a hefty 12.2 percent, with MPV sales next in line with a 10.6 percent decline.
Experian Automotive head of sales Mark Wilkinson said a decline in new car sales during 2009 means the industry is set [...]

USED car buyers are prioritising reliability more than ever when making their secondhand buying decisions.
RAC Warranty says ‘safe’ choices that will not have big bills in store are becoming the order of the day.
It’s because buyers are more anxious than ever about the effects of the recession, said sales and marketing director Ian Simpson.
‘The general [...]

VALUES of used cars have fallen by 4 percent in recent weeks as secondhand market trading conditions drop.
CAP says the downturn is due to a tail-off in retail demand and a fall in quality of cars coming onto the market.
There are also now more nearly-new cars coming to market, which is having a big ripple [...]

USED car buyers are returning to the market but also continuing to seek the protection of a longer warranty.
The trend to choose longer and better warranties than before the recession has not abated, reveals RAC Warranty.
This is despite a used car sales upturn showing market confidence in general is much better than it was.
RAC Warranty [...]

SEAT car dealers are holding a special Bank Holiday used car event with sharp deals on key nearly-new cars.

The SEAT Exeo family saloon is being offered from prices starting at £15,250.
This will get used car buyers a 2.0 TDI 143 SE model – with 2 years’ free servicing thrown in for free. 4.9 percent APR [...]

BCA and Manheim disagree on used car prices with one saying they’re down and the other saying they’re up.
BCA says average used car values increased in April by 1.4 percent.
Manheim says they fell in April by 2.3 percent. However, despite the disparity, both car auction houses agree on one thing – pressure is starting to [...]

NETWORK Q is celebrating 20 years of business with a week of incentives and dealers across the used division’s 360 retailers.
Running from 8-16 May, the campaign will include a large array of used models, focusing on Vauxhall – including the Car of the Year title-winning Insignia.
SE and SRi Insignias will line up in the [...]

PREMIUM car values are continuing to thrive despite fuel prices hitting a record high across the country.
Glass’s reports values seem unaffected by posh luxury cars, supercars and SUVs being some of the least fuel efficient cars around.
What’s causing this odd trend? The ending of the feel-bad factor, combined with the slow rise of fuel prices [...]

RISING prices of new cars means car dealers must be switched on to the needs of used car buyers.
Network Automotive says new prices have risen to ‘historically high levels’, despite consumer confidence remaining low.
Factor in the risk of unemployment plus many people not getting a salary increase, and you’ve growing numbers of buyers who cannot [...]