Tag Archives: residuals

Leasing firms have warned at how poor electric vehicle residual values is going to hit their business as EV volumes rise in the used car sector. In its latest market report it said: “Like meteorologists tracking hurricanes, leasing companies are staring at the horizon and not liking what they see. There’s a named storm coming, and its name is electric ...

  The Zero Emission Vehicle (ZEV) new car mandate “risks damaging” the used market as carmakers look to meet their zero emissions new car targets in 2024. That’s the view of Indicata UK which said new and nearly new EVs are being “aggressively” pushed into the market at the same time as consumer demand for used EVs remains limited. It ...

The non-premium, medium sized car segment remains very popular with car buyers.  Some of the UK’s most popular cars sit within this segment, the Ford Focus, Volkswagen Golf and Vauxhall Astra. These three models alone account for more than half of the segment’s volume. Better than most, this segment has survived the rigours of change and has shown resilience, despite ...

Epyx has seen a surge in ex-fleet vehicles entering the used car market. The online trading platform reported a 40% year-on-year volume increase for its 1link Disposal Network e-commerce platform. It declined to give an indication of the volumes involved, citing commercial sensitivity. It said the rise has been largely prompted by fleets and manufacturers using the product to manage ...

Glass’s  has warned of a slowdown in the used car market with rising volumes of cars reaching the market and a decline in retail demand. “We have had a situation for four years where it has been a sellers’ market, whether they are dealer groups or leasing companies. That appears to have shifted in the past few weeks,” Euro Tax ...

The push by carmakers and dealers to keep new car volumes pumping through the system at near record levels will impact on trade in values down the line. That’s the view of CAP, which points to the mounting pressure on dealers to shift new cars in large volumes to meet targets. “Our prediction that this September would be the biggest ...

The used vehicle market continues to record strong average values, according to the latest BCA research.