used car values
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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.
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Opinion 6 AprNothing suggests a coronavirus-prompted used car values crash, guest opinion
There is nothing in the current trade or retail data to suggest that used car values will crash due to the COVID-19 coronavirus lockdown period.
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Supplier News 1 AprAuto Trader launches AT Market Insight data tool
Auto Trader has launched a new AT Market Insight data tool which claims to utilise “up-to-date” information from the car retail sector to deliver an accurate appraisal of market conditions.
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Used Cars 31 MarCoronavirus-hit car dealers ‘jostle for position’ with online price reductions
Used car dealers had begun to reduce the value of their forecourt stock as the UK transitioned from normal trading into a Government-imposed COVID-19 coronavirus lockdown, according to Cazana.
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Used Cars 27 Mar
Used car valuation 'freeze' could stem coronavirus impact on residuals
Used car values declined 2.2% in March as retail and trade demand fell due to the Covid-19 coronavirus crisis, according to Cap HPI.
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Used Cars 20 MarBCA praises 'pragmatic approach' to car trading during coronavirus outbreak
BCA has revealed that the average value of a used vehicle rose 1.6% to a record £10,002 at its auctions in February as it praised the sector's resilience in the current COVID-19 coronavirus health crisis.
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Market Insight 11 MarCoronavirus among ‘significant challenges’ faced by automotive retail
Coronavirus has been acknowledged among a series of “significant challenges” facing the automotive retail sector in the middle to long-term in Cox Automotive’s monthly Market Tracker report.
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Used Cars 28 FebUsed car demand drives highest value growth since February 2012
Car retailers’ efforts to acquire affordable used cars for their forecourts have driven the sector’s vehicles to their highest February value growth since 2012, according to Cap HPI.
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Used Cars 20 JanUsed car values declined 1.2% at BCA in December
The average value of a used car offered for sale at BCA’s auctions declined by 1.2% during December, but maintained the month’s fourth highest value on record.
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Used Cars 2 Jan
December used car market 'strongest since 2012', says Cap HPI
The used car market defied any market uncertainty created by the General Election to deliver its strongest December performance since 2012, according to data published by Cap HPI.
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Used Cars 23 DecSUV and premium used car stock mitigate 3.5% value decline
An influx of SUVs and premium vehicles into the used car sector has helped to mitigate a 3.5% decline in values year-on-year, according to Auto Trader’s monthly Retail Price Index.
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Market Insight 12 DecUsed car values remain unseasonably buoyant at BCA
A seasonal downturn in used car values as the holidays failed to impact sales at BCA and strong demand delivered a “strong month for used car activity”.
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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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Market Insight 8 Oct
Pre-reg prevalence triggers ‘serious’ nearly-new car value decline
While consumer confidence seems to have improved during the key number plate change month of September efforts to prop up ailing new car sales seem to be hampering parts of the used car market.
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Supplier News 30 SepCazana embarks on microcar charity challenge
A team of intrepid drivers from Cazana are preparing to take on an epic London to Lands End charity challenge in the firm’s company mascot microcar, Bamby.
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Used Cars 23 SepRemarketing sector ‘continued to strengthen’ in August, BCA reports
The used car remarketing sector “continued to strengthen” during August as the average price of a vehicle sold via BCA rose 2.9% month-on-month.
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Market Insight 16 Sep
Used car market becoming more ‘complex and volatile’, says Cap HPI
Fluctuations in the value of used cars and the wider adoption of ever-faster remarketing platforms have driven the used car market to become more “complex and volatile” in 2019, Cap HPI has reported.
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Market Insight 28 Aug
Part-exchange car values dropped in July at BCA auctions
BCA's wholesale used car market data for July shows drops in value for all market segments, with dealer part-exchange cars among the most affected.
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Used Cars 15 AugAuto Trader reports biggest decline in used car price growth since 2012
The average asking price of a used car advertised via Auto Trader rose by 2.76% during July but the online marketplace said that the rate of value growth had declined for the first time since August 2012.
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Used Cars 29 JulUsed car values dip to ‘record’ 2.2% July decline
Used car values have dropped by a record 2.2% decline for July as the large executive and luxury executive cars fell out of favour with car buyers, Cap HPI has reported.
