Tag Archives: cap hpi

Dealers are increasingly ignoring poor condition vans at auction requiring a lot of remedial work before going on sale. That’s the view of the Vehicle Remarketing Association (VRA) and its meeting of 2024. Julian Pullen, senior editor, commercial vehicles and motorcycles, cap hpi, said: “It used to be said that if a van needed £1,000 of work, it sold for ...

The volatile pricing in the used car market which saw a 10.5% decline in values between October and December came to an end in January January saw used values at the three-year, 60,000-mile point reduce by a negligible 0.1%, equivalent to minus £90 on average, according to cap hpi. It added that the fall of 0.1% was the strongest performance ...

Vertu Motors is working with cap hpi to help manage risk and optimise profits in a volatile used car market. The automotive retailer is using the Daily Movement Report to inform its own valuation tools across the Group. According to cap hpi used car prices have fallen nearly 8% since the start of October. Vertu uses the latest data and ...

November saw used trade values fall by 4.2%, equivalent to £775 at the three-year age point, according to experts at cap hpi. The news follows October’s fall of 4.2%, which means that average trade values have dropped by 8.4% or £1,625 in the last two months. Cap hpi pointed out however that average values remain around 15% above where they ...

A fall in used car values helped keep a lid on inflation in Octobe which fell to 4.6% compared to 6.7% a month earlier. “[In Transport] the largest contributing downward effect came from the purchase of used cars where prices fell by 3% between September and October 2023, compared with a fall of 0.6% in the same months last year. ...

The UK’s biggest used car group Arnold Clark has signed a new multi-year deal with cap hpi for vehicle valuations, forecasts and HPI provenance checks. Arnold Clark is the biggest family-owned and independent dealer group in Europe, with more than 200 dealerships spread across Scotland and England, representing more than 25 brands. Stuart Thorpe, company secretary at Arnold Clark, said: ...

Cap hpi is forecasting  that there will be one million BEVs on UK roads for the first time by February 2024. It said heading into October 2023, there were nearly 900,000 pure BEVs on UK roads, and it expects that figure to surpass one million in the next three months. October’s new car market experienced a 14.3% growth, reaching 153,529 ...

Used car values continue to fall according to valuation guide cap hpi. The group reported that used values have slipped 1.5% on average since the publication of its most recent monthly editorial on 27 October. The news follows the 4.2% drop reported at the end of October, which marked the largest drop in a single month since the introduction of ...

Used car values showed a marked decline in October, with the average value movement in cap Live at three years, 60,000 miles, seeing a fall of 4.2%, equivalent to £850. According to experts at cap hpi, it is the largest drop in a single month since the introduction of cap Live in 2012 and the largest fall since May 2011, ...

Used car values fell by 1.9% or £420 at the three-year, 60,000-mile point in September, according to cap hip. It is the largest drop in the month since 2008 when values dropped by 4.1% as the financial crisis affected the market. September is generally a positive one for cap live figures; since 2016, each September has been either level or ...