Tag Archives: cap hpi

Average used car values in June fell by 0.1% or £25 at three years and 60,000 miles, according to cap hpi. BEV values continue to fall, down -1.7% on average, equivalent to £350. Cap hpi said whilst they remain the worst-performing fuel type regarding value retention, it was “encouraging” that June’s Live movement down is significantly less compared to the ...

Automotive data company cap hpi has announced the winners of its Used Car of the Year Awards for 2024. The Toyota Aygo was chosen as the overall winner of the Used Car of the Year title, identified as economical and cheap to run, and also named the City Car of the Year. Tesla’s Model 3 was voted Battery Electric Car ...

Values of used Battery Electric Vehicles (BEVs) continued to fall in May, according to data from cap hpi. It said at the standard measurement of three years and 60,000 miles, values have been in continuous decline for 21 months. It added, in total,  the cumulative decrease in BEV values amounts to approximately 57% over the period. For petrol the decline ...

Petrol and diesel vehicles are written off and scrapped by insurers at double the rate of EVs, according to a data study conducted by cap hpi. In the pure electric vs ICE category, with regards to scrapped vehicles aged one year and under, a total of 40 EVs were scrapped out of the 334,525 on the road compared with 701 ...

April saw average car values at the three-year, 60,000-mile point, decline by 1.5% (c. £300). This decline follows an overall rise in values of 0.5% over Q1, reflecting a softening in demand and an increase in supply. Values at the one-year age point fell by 1.3%, at five years values fell by 2.0% and at the 10-year point values fell ...

Used car sales have remained healthy in March within an overall upbeat and stable retail market place, according to cap hpi. But it warned that the retail market for used EVs “still remains patchy and inconsistent” with volumes on the increase and supply outstripping demand. “Many retailers continue to be reluctant in buying and stocking BEV’s, which can be hard ...

Just 17% of independent dealers stocked and advertised an EV last month compared to 43% of franchised dealers and 49% of car supermarkets, according to data from cap hpi. EV volumes are expected to increase in the coming months, many models are attractively priced. Derren Martin, director of valuations at cap hpi, said: “Our data shows that many dealers seem ...

  The used car market is stable, marking the third strongest March into April monthly movement since 2019, according to cap hpi. Average value movements at three years declined by 0.1% (£70) reduction. One-year-old vehicles decreased by 0.1%, with five-year and 10-year age points declining in value by 0.7% and 1.8%, respectively. Jeremy Yea, senior valuations editor at cap hpi, ...

BYD finished last year with record-breaking annual sales of 3 million vehicles. It signals the global ambition of the manufacturer as it expands its range and geographic footprint. December saw sales of 341,043 units, a 45% increase, and 3,024,417 vehicles sold throughout the year, a remarkable 61.9% surge from the previous year. In the UK, to date, BYD has only ...

A new Options Value tool from cap hpi has been developed for dealers to help them to more accurately price optional extras on used vehicles. The tool is available for free to current subscribers in the Valuation Anywhere product. For the past 12 months, the vehicle valuations specialist has been conducting the research and gathering the data necessary to support ...