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.
Research by Warranty Solutions Group (WSG) reveals that electric vehicles (EVs) are significantly more costly to repair than their internal combustion engine (ICE) counterparts.
EV values finally rebounded in September after a two-year period of free-fall, according to industry experts at Cap HPI.
Data expert Cap HPI reveals that electric vehicles (EVs) are written off at less than half the rate of petrol and diesel cars.
Latest analysis from Cap HPI shows a strong used market in September, after a buoyant summer.
Data experts at Cap HPI are warning the industry to approach the upcoming months with care as the pressure to meet Zero Emission Vehicle (ZEV) mandate requirements intensifies.
Strong wholesale demand supported used car values in August as the average value movement fell by just 0.6% at the three-year age point, according to experts at Cap HPI.
Used electric vehicles are now priced 8.5% and 14% below equivalent petrol and diesel models at three and four years respectively, according to new data.
The rate of decline for used EV prices is showing signs of improvement, with a 1% drop the best month so far this year, according to new data from Cap HPI.
HPI is extending its data set through a new partnership with integrated vehicle recycler Synetiq which will provide vital information on salvage total loss vehicles.
Short-term insurer Tempcover and Cap HPI are joining forces to help dealers close more sales with insurance cover ranging from one hour to 28 days.
Craig Bridgman has been appointed as a new senior editor on automotive data business Cap HPI’s valuations team.
Electric cars remain the most unpredictable and volatile fuel type in an otherwise stable market, according to experts at Cap HPI
Cap HPI chief Chris Wright discusses the dangers of using unethical data
The used car market demonstrated remarkable stability in June with average values dropping just 0.1%, or £25, for vehicles three years old with 60,000 miles.
The Toyota Aygo has clinched the title as overall winner of the Used Car of the Year title after Cap HPI’s team of experts and analysts saluted how cheap it was to run.
Good trade demand for ex-fleet used cars during May, particularly for petrol cars, led to an average value drop of just 0.9% (£210) for a three year, 60,000 mile car, according to Cap HPI.
