residual values
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Market Insight 20 DecXmas LCV demand drives used prices upwards
Used LCV values rose during November at BCA as demand grew steadily for vehicles to service the online and home delivery sector in the run-up to Christmas.
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Manufacturer 1 JunToyota/Lexus launches 10-year warranty through service-activated Relax scheme
Toyota and Lexus will drive franchisees' aftersales customer retention by extending the warranty on its cars to 10 years and 100,000 miles through its new service-activated Relax scheme.
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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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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 2 OctUsed car prices see record 7.6% increase in September, says Auto Trader
Average retail used car prices on Auto Trader recorded the largest ever monthly price increase in September - increasing by 7.6% to £13,829.
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Supplier News 29 SepCOVID-19 and Brexit make long-term planning 'almost impossible', says VRA
The combined challenges of the coronavirus pandemic and Brexit are making long-term planning almost impossible in the remarketing sector.
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Used Cars 19 AugUK used car prices see 15 weeks of growth, says Auto Trader
Strong growth in average used car prices has continued into August based on data from the 12,500 retailers currently advertising on Auto Trader.
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Market Insight 15 JunUsed car prices are not racing to the bottom, says Cazana
Cazana, the vehicle data company, has confirmed that used car pricing has not raced to the bottom during lockdown.
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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.
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Used Cars 13 MayAgeing stock drives European used car retailers’ COVID-19 lockdown losses
Aging stock has been cited as the “main driver” of £1.6 billion losses incurred by Europe’s used car retail sector between the start of the COVID-19 coronavrius lockdown and mid-April.
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Used Cars 12 MayUsed car market’s solid growth ‘wiped-out’ by COVID-19, SMMT reveals
The UK's used car market contracted by 8.3% in the first quarter of 2020 following a COVID-19 coronavirus lockdown-prompted 30.7% decline in March sales, SMMT data has revealed.
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Used Cars 27 NovEV demand drives used value increase, says CarGurus
Used electric vehicles (EV) like the Renault Zoe and BMW i3 are appreciating in value after car buyers "turned a corner" in their attitude to adoption, according to CarGurus.
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Car Model News 26 NovRenault stop battery lease on new Zoe due to strong residuals
Renault has stopped offering the new Zoe with a battery lease option after the car was awarded class-leading residual values by Cap.
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Used Cars 25 NovAffordable EVs move into used car sector’s fast lane
Affordable pure electric vehicles (EVs) are moving into the used car sector’s fast lane as consumers show less enthusiasm for a new crop of expensive zero-emissions cars.
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Supplier News 26 Jul
Cap HPI denies PCPs are putting car buyers' finances at risk
Cap HPI has refuted claims that PCP customers are increasingly at risk from financial difficulties as a result of their car finance agreements lapsing into negative equity.
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Car Dealer News 10 JanVRA’s January meeting to focus on electric and hybrid vehicles
Remarketing electric and hybrid vehicles will be the focus of the Vehicle Remarketing Association's (VRA) first meeting of 2019, on January 29.
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Supplier News 22 OctCap HPI launches new automotive data science team
Cap HPI has revealed plans to launch a wave of new real-time data tools and insight after adding agility to its new product development with the launch of a new automotive data science team.
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Used Cars 13 JunDeclining diesel sales could see used petrol vehicles move ‘quickly into oversupply’, says VRA
The Vehicle Remarketing Association has warned that an oversupply of petrol-fuelled used cars is likely to result from the “dramatic shift away from diesel in favour of petrol”.
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Market Insight 28 Feb
Diesel ban in German cities will hit used car residual values
A landmark ruling that could see cities across Germany ban older diesel-fuelled vehicles from their streets could be set to impact manufacturing and used car residual values in the country.
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People News 5 FebCap HPI appoints Max Robert Mueller to drive growth in Germany
Cap HPI has announced the appointment of Max Robert Mueller as future car value manager for Germany as it continues to drive growth on the continent.
