Glass's have named the top five optional extras that for retaining residual values.
Fears about the effects of a flood of used cars in a market propped-up by PCPs could mean that we are currently living in “the good old days”, a financial analyst has suggested.
Mitsubishi Motors in the UK has created a new department to take charge of residual values, following the growth of the brand.
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.
Calls to ban or reduce usage of existing diesel cars in major towns and cities could see the values of affected vehicles fall significantly, predicts Glass's.
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.
The new managing director of FCA Automotive Services is confident the continued growth in the UK’s economy and employment stability will mitigate any concerns with used car oversupply and a drop in RVs.
CAP Automotive is increasing the amount of data is uses to determine used retail pricing as part of an overhaul of its services.
Epyx is reporting a 40% year-on-year volume increase for its 1link Disposal Network e-commerce platform.
The automotive retail sector is sufficiently dynamic and innovative to adapt to a predicted weakening in market conditions that have led to PCP growth in the market.
Active safety systems are set to become the next ‘essential options’ in executive cars and will potentially maximise residual values, according to Glass’s.
