Cap HPI has appointed Derren Martin as head of current valuations following the announcement that senior editor James Dower is leaving the business.
Dealers’ dependence on used car sales for profitability is likely to deepen in 2018, says Cap HPI
Used values remained stable in March as strong demand continued to characterise the market.
A study of volumes of 16/66 plate vehicles in the market has revealed large numbers of SUVs and superminis.
Average used car values declined by 1.6% at three years 60,000 miles in December, a figure that compares to the same point last year, where prices moved downward by 1.8%.
