Global economic uncertainty is intensifying, fuelled by political tensions, rising tariffs, while ongoing armed conflicts are rattling financial markets and disrupting industrial sectors.
March saw values in CAP Live remain steady, with the headline movement at the three-year, 60,000-mile benchmark recording no change or 0%
Electric vehicles (EVs) are now covering more miles per year than petrol cars, according to the latest data from automotive experts Cap HPI.
The used car market remains stable, with no change in the value of an average three-year-old vehicle with 30,000 miles, according to Cap HPI data.
Cap HPI will expand its consulting capabilities across European markets after joining the European Residual Value Alliance Network.
The UK used car market has seen a spike in demand for vehicles priced under £10,000, according to exclusive analysis for AM from Cap HPI.
How the automotive sector collects and uses data will shape the future of the industry and that’s why the industry needs an ethical data charter, writes Cap HPI boss Chris Wright.
EMaC and Cap HPI have partnered together to help dealers identify mileage discrepancies as part of vehicle provenance checks.
Analysis of retail data by Cap HPI shows that used BEVs at three years old are selling faster than used petrol vehicles of the same age.
Cap HPI is urging the Society of Motor Manufacturers and Traders (SMMT) to help create a new ethical charter with its members around connected car data.
The impact of zero emissions legislation will see the number of cars sold in the UK languish for at least the next five years, according to an industry forecasting expert.
The used car market saw a typical seasonal decline in December, with the average value of a three-year-old, 60,000-mile vehicle dropping by 1.5%, equating to approximately £260, according to data from Cap HPI.
Analysis from Cap HPI shows the used car market is performing strongly with average car values at three years and 60,000 miles declining only 1.1% month to date.
Cap HPI has re-engineered its National Mileage Register (NMR) investigation process to offer a faster and more efficient service for dealerships to help protect car buyers from mileage tampering, or “clocking”.
Battery electric vehicles emerged as the fastest-selling vehicles in November, with an average time-to-sale of just 33 days, according to analysis of retail activity by Cap HPI.
The used car market continues to demonstrate resilience into November, with only a slight decrease in average car values, softening by 1.1% month-to-date, according to Cap HPI.
Cap HPI has appointed Dionne Hanlon as senior editor for commercial vehicles and motorcycles within its valuations team.
Cap HPI has announced a restructuring that merges its vehicle data and valuation operations, aiming to increase flexibility in meeting customer needs and drive innovation.
The used car market remained resilient in early October, with average values falling by just -0.5% in the first 10 days, according to the latest data from Cap HPI.
