Cap HPI has further strengthened its industry insight team to support its international ambitions and UK operations.
Vehicle history check expert HPI has launched a recall check service to help used car buyers to make even safer purchase decisions.
Automotive technology solutions provider Cap HPI, has been chosen to confirm the quality of dealer group Macrae & Dick’s stock with HPI and NMR checks.
Pressure from pre-registrations and continued new car offers pushed used values down by 1.4% in April, according to CAP HPI.
The supply of used LCVs is to increase by 48% by 2019.
Personal contract hire (PCH) has grown from 5% to 7% of the new car finance market, according to Finance and Leasing Association (FLA) data, obtained by AM.
Cap HPI is expanding its senior editorial team into a centralised data and knowledge hub for international markets, moving Adrian Rushmore to a global role.
Convertibles and city cars outperformed the market by increasing their value in a used car climate of decreased margins but “healthy demand”, Cap HPI has reported.
Where do you go from a record year? It appears to be a key concern for the industry and an issue that encompasses everything from used values to dealer margins.
Used car dealers are being urged to make vehicle history checks standard on all stock.
Strong demand drove up used values by an average of 0.4% in February.
The RAC is preparing to offer the motor trade market history checks for a £1 in an attempt claim a share of a market it believes is worth up to £25 million a year.
More than a fifth of used car customers now ask dealers for proof that they have validated a vehicle’s mileage, reports a new survey* from HPI.
Former HPI head of automotive finance Darren Greenyer has joined Raphaels Bank as deputy head of lending.
January saw consumers out searching for and buying used cars in large enough numbers for high supply volumes not to be much of an issue.
A predicted seasonal decline in used cars sales has seen average values drop by 1.8%, according to CAP’s Black Book.
CAP looks at the challenges in sourcing used stock for dealers across the UK, using research exclusive to AM.
Cap is ending print editions of its valuation guides CAP Black Book, CAP Grey Book and CAP Red Book to focus on its digital information and services.
A recent study of UK dealers by CAP found the majority, 46.3%, believe that 2016 will beat 2015 for new car registrations.
Cap and HPI have targeted growth in the UK and overseas after making a trio of key new appointments.
