New data from cap hpi shows that used car values performed strongly in October. Most years used car values fall -1.6% during the month but this October they fell just 0.6%, indicating the strength of the market It marks the strongest October cap hpi has recorded, including 2009, when recovery from recession was underway. Over the last five years, the ...
Read More »Cap hpi forecasts ‘good’ Q4 for used car values
Cap hpi is predicting a “relatively strong” Q4 for used car values despite the impact of WLTP. Derren Martin, head of current valuations with cap hpi said some carmakers were likely to register lower volumes than usual in September and this could stretch into Q4 and beyond, with a positive impact on values. “With fewer part-exchanges entering the market from ...
Read More »ASE expects WLTP to impact dealer performance in Q3
Dealer profitability specialist ASE has become the latest body to flag up the negative impact WLTP would have on car registrations in the lead up to the September plate change. ASE chairman said he expected some shortages with some franchises in Q3. The WLTP cycle was developed using real-driving data and better represents everyday driving profiles. Some models will fare ...
Read More »Cox Automotive launches new Vehicle Insight product for dealers
Cox Automotive has launched of a new product that uses wholesale and retail data to help dealers buy, price and sell vehicles. Vehicle Insight uses data from Manheim, Motors.co.uk and cap hpi data to provide price and market information. It offers a range of information at local and national levels, including live retail market price range, sales performance, including supply levels and ...
Read More »Large SUVs experience biggest price fall says Cap
Big SUVs are coming under pressure and experiencing some of the biggest price falls in the used car market. That’s the view of cap hpi’s Black Book Live in May which recorded price drops for large SUVs of 3% compared to the market average fall for the used market of 1.3%. “Larger SUVs saw some of the most substantial value ...
Read More »Cap hpi: Demand for used diesel SUVs remains strong
Cap hpi has reported that demand for used diesel vehicles remained strong in March. Values of diesel SUVs and crossovers were either static or increased over the month, whereas values of their petrol counterparts have declined. Models demonstrating the trend included the Renault Kadjar (pictured) and Captur, Citroen C4 Cactus and Honda HR-V. Values of diesel models in the upper ...
Read More »Used car market at six-year-high says cap hpi
Figures from Black Book Live show the used car market in 2018 is proving to be the strongest year since the daily Live data product was introduced in 2012. Average values have increased by 1.2% since the turn of the year, compared to a drop of 0.7% last year. The previous strongest year was 2014 when values increased by 0.8%. ...
Read More »Retail Automotive Alliance signs new data deal with cap hpi
The Retail Automotive Alliance (RAA) has signed a new partnership with cap hpi to supply vehicle provenance and automotive data. The buying group is made up of 21 shareholders who have 220 franchised sales and service outlets across the UK, selling 220,000 new and used cars per annum across 25 motor franchises. The RAA will now use a broad range ...
Read More »Surging premium and SUV sales drive up new car prices
Analysis by automotive data experts cap hpi has revealed the average price of a new car has risen 38% over the last decade. The price hikes have been driven by the growth in sales of more expensive diesel cars, the rise of PCPs which encourage sales of higher specification models and the growth of premium sales in the UK. The ...
Read More »Cap hpi reports on strength of used values
Used cars are showing “unprecedented strength” in values for this time of year City Cars saw average values increase by 2.5% at three years 60,000 miles as quality stock became more difficult to source, according to cap hpi data. Superminis and convertibles saw values rise by 1.8% each while coupe cabriolets and convertibles values rose by 2.4% and 1.8% respectively. ...
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