Cap HPI
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Market Insight 1 AprUsed car values reach ‘tipping point’ ahead of post-lockdown showroom opening
Used car values have reached a “tipping point” with prices rising for the first time in five months as an easing of COVID-19 ‘Lockdown 3’ retail restrictions draw nearer, says Cap HPI.
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Market Insight 26 Mar
Plug-in car grant car changes to have 'no overriding impact' on used EV values
The UK Government’s decision to lower the value of its plug-in car grant EV incentive will have little impact on used car values, according to Cap HPI.
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Used Cars 1 Mar
Used car value ‘realignment was always likely’, says Cap HPI
Cap HPI has said that a realignment of used car price values was “always likely” after it reported a fifth consecutive month of declining vehicle prices across the sector.
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Supplier News 22 FebJohnsons, Helston and Brindley sign up new provenance firm
Brindley Motor Group, Mon Motors, Helston Garages Group, Johnsons and Marsh Wall have all signed contracts for used car provenance services from cap hpi
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Used Cars 2 Feb
COVID-19 Lockdown 3 was catalyst for used cars’ trade value fall
A slowdown in consumers’ car buying activity and uncertainty when the current COVID-19 ‘Lockdown 3’ restrictions will end was the catalyst for a fall in used car trade prices in January.
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Acquisitions and deals 7 DecAudatex and CapHPI owner Solera buys repair software firm InSyPro
Bodyshop management system firm InSyPro has been acquired by Solera, in the latest deal to expand the supplier of automotive risk and asset management data and software.
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People News 30 NovCap HPI head of forecast Andrew Mee retires
Cap HPI has said that the leadership of its UK car valuations team will remain “in exclennt hands” following the retirement of its head of forecast, Andrew Mee.
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Used Cars 18 Nov
'No cause for alarm' as used car prices continue decline, says Cap HPI
Used car values declined by 2.1% during October and have seen a 2% dip so far in November but there is "no cause for alarm", according to Cap HPI.
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Market Insight 17 Nov‘Business as usual’ at used car auctions, reports NAMA
Members of the National Association of Motor Auctions (NAMA) have told the organisation that it remains “business as usual” at their remarketing centres, despite the ongoing COVID-19 crisis.
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Market Insight 6 Nov
Renewed COVID-19 lockdown fails to deter 58% of car buyers
A survey of in-market car buyers has found that 58% intend to go-ahead with their planned purchase within the next fortnight, despite the start of more stringent COVID-19 lockdown restrictions.
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Market Insight 4 NovCap HPI poised for ‘large volume’ of Brexit-triggered car value shifts
Cap HPI is poised to handle any large volume vehicle price hikes from car manufacturers in the event of a ‘no-deal’ Brexit.
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Market Insight 27 OctValues drop signals used car market shift is under way, Cap HPI says
Used car values have dropped for the first time since before March's COVID lockdown as motor retailers pushed back against high prices for cars, says Cap HPI.
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Market Insight 28 Sep
Used car value growth ‘not sustainable in the long-term’ says Cap HPI
Cap HPI’s head of valuations has said that the continued growth in used car values is “not sustainable in the long-term” - but may continue into 2021.
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Used Cars 17 SepUsed car sales decline indicated ‘cooling’ of market in August
Sales in the used car retail sector showed signs of “cooling off” according to a market report which revealed declining in activity during August – with retail sales down 3.3% year-on-year.
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Used Cars 26 AugUsed car values ‘unseasonably strong’ in August, reports Cap HPI
Used car values showed little sign of an impending “market correction” as prices rose by an average of 0.2% across the sector during August, Cap HPI has reported.
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Used Cars 29 Jul
Used cars record first July values rise since 2009, says Cap HPI
Used car values rose by 0.4% during July as automotive retail's lockdown recovery delivered the month’s first price rise since 2009, Cap HPI has reported.
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Used Cars 20 JulAston Barclay reports ‘highest ever’ used car values in Q2
Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
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Used Cars 16 Jul‘Market correction’ of used car values expected after rapid restart
The used car market could be on course for a similar “market correction” to that seen in May last year after car dealers and remarketing companies flew out of the blocks post-lockdown.
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Used Cars 26 Jun
Post-lockdown trading delivers first June used car values rise since 2009
June delivered its first rise in used car values since 2009 in a two-tier post-lockdown market defined by increased demand for older, cheaper vehicles, according to Cap HPI.
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Used Cars 26 May
Car dealers urged to ‘hold their nerve’ in volatile period for used values
Car retailers have been urged to “hold their nerve” and not rush to liquidate stock ahead of an anticipated rise in sales demand following June 1’s re-opening of car showrooms across the UK.
