Tag Archives: cap hpi

Battery electric vehicles (BEVs) were the best-performing fuel type in September, rising for the second consecutive month, according to the latest analysis from cap hpi. The stabilising of the BEV market is good news for dealers who were hammed by falling values in the final quarter of 2023. At three years old, BEV values have increased slightly by 0.3%, or ...

Values of battery electric vehicles (BEVs) rose in September after 24 months of consecutive cuts, resulting in a reduction of values by approximately 60%. That’s the finding of cap hpi which said BEVs showed a positive average movement of 1% at the three-year mark. Nearly half of the models valued at this age have seen their values increase this month, ...

Over the last two years, the prices of used BEVs have undergone significant shifts, making it difficult for the industry to build a consistent picture. While there has been some stabilisation in recent months, the market remains fragmented, with wide-ranging value variations between different models, age groups, and market conditions. Over the past 12 months alone, BEV values have plummeted ...

cap hpi is urging the industry to manage supply channels wisely, avoid oversaturation, and recognise the limits of discounting as a tool for maintaining market balance in order to ease pressure of meeting ZEV mandate requirements. In cap hpi’s view, there is unlikely to be an overall dramatic adverse effect on used EV values in Q4. Derren Martin, director of ...

Strong wholesale demand supported used car values in August as the average value movement fell by just 0.6% at the three-year age point, according to experts at cap hpi. Pure hybrids were the best-performing fuel type over the last month, dropping by an average of just 0.2%. Petrol cars dropped by just 0.6% on average. EVs decreased by an average ...

Average retail prices of EVs are cheaper than ICE vehicles by around 8.5% at three years and 14% at four years, according to cap hpi. EVs are generally more expensive than the closest petrol and diesel equivalents but a fall in used EV values in the past two years has provided motorists with a bargain as they look to switch ...

Cap hpi has partnered with vehicle recycling company SYNETIQ to receive information on salvage total loss vehicles. The data agreement will ensure vehicle provenance checks give a clearer picture of a vehicle’s history. The enhanced vehicle search will include a history of incidents and total loss. Jon Clay, identification director at cap hpi, said: “The data agreement with SYNETIQ and ...

Tempcover and cap hpi have teamed up to help dealers close more sales. The short-term insurance provider offers cover from one hour to 28 days to help dealers improve post-purchase service to buyers. Flexible driveaway insurance allows buyers to drive their new purchase and have time to shop around for the best insurance deal on their new vehicle. It helps ...

Cap hpi has appointed Craig Bridgman as senior editor on its valuations team. The role sees Bridgman working closely with fellow members of the valuations team helping to grow the reach of the automotive data business. Bridgman has 25 years of experience in the automotive sector with expertise in sales, leasing and data analysis, research and market insight.  He will ...

Paul Titchmarsh has been appointed as UK forecast manager for cap hpi and joins the team responsible for managing the company’s new and used car forecast data. Paul joined cap hpi from JCT600, where he held several senior positions,  most recently as operations director on the leasing side. He also has experience in the fleet and rental sectors with Zenith ...