Dramatic differences in the values of cars offered to dealers across Britain are highlighted in a new study revealing Ely as the UK’s posh car capital.
Analysis by Wizzle.co.uk – a consumer car selling service – showed that the Cambridgeshire town is home to the UK’s most expensive used cars, while the nation’s most cheap and cheerful purchases can be found in Rhondda, in the Welsh valleys.
A £76,000 Lamborghini Gallardo for sale in London is currently Wizzle’s most expensive online offering but Cambridgeshire’s average asking price of £36,358 is double that of most cars being offered for sale in neighbouring Norfolk, Suffolk and Lincolnshire.
By contrast, prices rarely reach four figures in Rhondda Cynon Taf, in the Welsh valleys.
Wizzle founder Sébastien Duval said: “We decided to analyse the values of cars advertised around the country when somebody uploaded details of their Lamborghini Gallardo to sell. We wanted to test our assumption that the capital would be where all the best cars are offered.
“It came as a surprise to find that Cambridgeshire was where the most expensive vehicles are being sold on Wizzle.
“Despite the appearance of a Lamborghini on our site, London actually falls somewhere in the middle of our national car values range, some way behind places like Hampshire, Gloucester, Shropshire and even the Isle of Wight. In fact, London doesn’t even make the top ten in terms of posh cars on sale.
“On the other side of the coin it seems to be Scotland and Wales where the cheaper cars tend to be most commonly offered, with the cheapest being in the valleys of South Wales. Interestingly that also coincides with our finding that fewer cars in general are being offered for a cash purchase in Scotland and Wales too.”
Wizzle’s study also revealed that motorists in Birmingham, Leicester and Leeds are most switched on to the idea of selling their car for cash, rather than part exchanging it.
In contrast, Scots and motorists in Wales are the least likely to go online for a cash sale.
The towns or regions with the most expensive cars for sale on Wizzle:
1. Ely, Cambridgeshire
2. East Hampshire
3. Isle of Wight
4. Torbay, Devon
5. Dacorum, Hertfordshire
7. Chiltern, Buckinghamshire
8. Castle Point, Essex
9. Telford & Wrekin, Shropshire
10. Sandwell, West Midlands
The towns or regions with the least expensive cars for sale on Wizzle:
1. Rhondda Cynon Taf, South Wales
2. Babergh, Suffolk
3. Wellingborough, Northamptonshire
4. Wokingham, Berkshire
5. West Lothian, Scotland
6. Hambleton, North Yorkshire
7. Bassetlaw, North Nottinghamshire
8. Brighton & Hove, East Sussex
9. Wakefield, West Yorkshire
10. West Norfolk, Norfolk