Used values dropped by 2.6% through November in a predicted seasonal slide, according to data from CAP.
Tesla Model S used values have been static for over a year, says CAP.
FINANCE specialist Moneyway’s Motor Finance has extended its product range to offer customers and dealers added flexibility with the option of 120 per cent loan-to-value.
The new car market is still on track for a record year, despite a sales dip of 1.1% in October, according to CAP.
CAP and HPI will now operate jointly from a head office in Leeds in an effort to increase collaboration.
Average used values dropped by 2.2% with an expected seasonal slide, according to the latest figures from CAP.
HPI is urging used car dealers to conduct regular mileage checks on stock after an independent dealer in Birmingham has been jailed.
CAP has reported that volumes of Volkswagen product remain steady in the wholesale market.
The used car market needs transparency of pre-registrations which risk hurting values, Derren Martin of CAP Black Book, will tell the AM Used Car Conference.
Average used car values remained steady in September, moving down by 0.7% at the 3-year, 60,000 mile point.
CAP Automotive is predicting the current issues faced by Volkswagen will have no discernible impact on used values.
CAP Automotive is increasing the amount of data is uses to determine used retail pricing as part of an overhaul of its services.
A crackdown on vehicle clocking is being called for by the National Franchised Dealers Association and the National Association of Motor Auctions.
A used car pricing realignment is expected at the end of this year, caused by high and increasing volumes of stock and reduction in values.
Used car prices may be under pressure from the end of August, according to trade valuation experts at CAP.
HPI is warning dealers that the proposed Government’s plans to consult on extending the MoT period from three years to four years could see the risk of fraud from clockers escalate.
CAP’s Philip Nothard says not everything in the retail car market is as rosy as the figures on the surface would suggest.
City Auction Group have reported strong performance at the previous week's auction, with the firm selling 300 vehicles, at a value of a claimed £2.75 million.
HPI offers used car buyers a guide on how to purchase an insurance write-off that is not only safe to be on the road, but could save them 50% off the ticket price.
The Volkswagen Up has been named the lowest depreciating car.
