Cap HPI
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Market Insight 20 MayCommercial vehicle market may face changing landscape, warns Cap HPI expert
The UK's commercial vehicle market is forecast to be down by a quarter on 2019, and Cap HPI's CV expert Steve Botfield has warned the van sector's "landscape may have to change" for the medium term.
-
Used Cars 19 MayDealers are more active but used car pricing remains relatively stable, Cazana and Cap HPI experts state
Since coronavirus lockdown started in late March Cazana has recorded a small uplift in values for sub-£10k vehicles, and there’s no been “race to the bottom” in the car market.
-
Used Cars 15 May
Used car values ‘need to be adjusted’ amid growing sales, says Cap HPI
Growing volumes of COVID-19 coronavirus lockdown used car sales have prompted Cap HPI to admit that the time is right for recommence valuation changes – and initial sales suggest a 2% to 5% decline.
-
Used Cars 27 AprOver 3,500 vehicles sold into used car market in April, says Cap HPI
Trade and wholesale car sales delivered 3,500 vehicles into the used car market during April’s COVID-19 coronavirus lockdown automotive retail sector, according to Cap HPI.
-
Market Insight 23 Apr
Government green light for lockdown car sales ‘great news’ for dealers
Clarification of car retailers’ ongoing ability to sell cars online and deliver them to customers during the COVID-19 coronavirus lockdown period has been hailed as “great news”.
-
Opinion 23 AprLooking beyond lockdown to anticipate May/June car sales 'bounce', opinion
The automotive industry is starting to look beyond the end of lockdown and weigh-up what the short and medium-term impacts of the COVID-19 coronavirus crisis will be.
-
Market Insight 8 AprUsed car dealers must ‘resist temptation to reduce prices’, says Auto Trader
Auto Trader has urged used car dealers to resist the temptation to reduce the values of their vehicles to retain hope that the market will “pick up where we left off” after the COVID-19 coronavirus crisis.
