Used car guide Parkers has listed the cars that depreciate the most in 12 months and those that depreciate least over the period. The loser list is dominated by electric vehicles with the fiat 500e losing 52% of its value after 12 months. The notional book price new was recorded at £34,140, which fell £17,765 to £16,375 over the period. ...
Read More »Cap hpi welcomes ‘reassuring’ September BEV values rise
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 ...
Read More »Dealers more confident on used EVs following price falls
A third of dealers now believe electric cars look much better value falling dramatic falls in values throughout 2023. Used EV values have fallen 58% over a 21-month period and now look a more attractive option for buyers. The October Startline Used Car Tracker showed that 32% think used electric cars now look like much better value, 27% that buyer ...
Read More »Used car values fall in September, Q4 to see further decline
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 ...
Read More »Auto Trader reveals the rise and fall of car values in lockdown
Auto Trader has revealed the cars that showed the steepest increases and declines in values during the lockdown. The list of cars that saw their asking prices fall the most during lockdown was led by the Volvo V40. The diesel manual variant, aged between three and five years, saw the greatest average price drop of any used car in the ...
Read More »Audi e-tron holds value best after 5,000 miles
The Audi e-tron is the EV that holds its value best according to Vanarama. Audi, Jaguar and Tesla took the top spots in research, with the e-tron, I-PACE and Model X, respectively in the top three places. However, the more affordable VW all-electric e-Up! is expected to drop less than £4,000 in its first 5,000 miles on the road a ...
Read More »Dealers adjust used car prices downwards in lockdown
After a week of lockdown dealers are adjusting retail used car prices online to remain competitive. Used car valuations specialist Cazana said prices on dealer websites fell between week three and four in March. Cazana looked the petrol cars by market sector for new retail adverts and found that values fell 2.8%. There was a 6.6% fall in the large ...
Read More »Average used values fall for ninth consecutive month
Average used values fell by 2% in June, at the 3-year, 60,000-mile point. This follows drops of 2.3% in April and 3.1% in May. Cap hpi reports that continued realignment of values has impacted all sectors, with upper medium cars dropping by 2.2%, and convertibles failing to see the seasonal uplifts usually experienced in the spring and early summer months. ...
Read More »BCA reports an increase in used car values for May
Used car values at BCA increased in May, with the average value of £9,262. This is just slightly ahead of April’s figure of £9,248, despite two bank holidays and half-term break creating the usual seasonal impact on demand. Even with these distractions, year-on-year values continued to climb for fleet and lease, dealer part-exchange and nearly-new vehicles. Fleet and lease values ...
Read More »City cars and superminis worst hit in largest April value drop since 2011
City cars and superminis lost the most value during April, which saw an accumulated monthly drop of 2.3% at the three-year and 60,000-mile point. It is the largest monthly fall in used values, says cap hpi, since December 2015 and the largest drop during an April since 2011. City cars and superminis values fell by 2.8% and 3.1% respectively. SUVs ...
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