Demand strong for used cars
Both transactions and demand in the used car market grew in January, according to Auto Trader’s Price Index. But while prices are showing signs of stabilising, Auto Trader data revealed […]
car prices
cap hpi unveils new pricing tool
A new Options Value tool from cap hpi has been developed to help dealers more accurately price optional extras on used vehicles. Available for free to current subscribers in the […]
Used values hold firm in January
January saw used values at the three-year, 60,000-mile point reduce by a negligible 0.1%, equivalent to £90 on average, according to experts at cap hpi. The fall of 0.1% was […]
Retailers leaving £31m on the forecourt
Data from Auto Trader has suggested that retailers are missing out on a potential £31m in profit due to under-pricing. It found that across 8,000 retailers, about 47,500 cars are […]
Used car price gap impacting stock levels
New data has found that dealers are struggling to replenish used car stocks as sellers are valuing their vehicles too highly. Used car prices fell about 20% last year, but […]
Used car values continue falling
Used car values at three years and 60,000 miles fell by 2.1% in December, adding to a cumulative drop of 8.4% over the last two months. According to cap hpi, […]
Vertu Motors expands cap hpi partnership
The Vertu Motors group has announced a partnership with cap hpi to help manage risk and optimise profits by using the Daily Movement Report to inform its own valuation tools. […]
Used car values fall again in November
November saw used trade values fall by 4.2%, or £775 at the three-year age point, according to experts at cap hpi. The news follows October’s fall of 4.2%, which means […]
BCA reports rise in used car values
Average used car values rose again in October according to data released by the BCA. It saw prices rise to £7,397 from £7,262 September, halting a trend that had seen […]
Used car values shift again in volatile market
Cap hpi is urging the industry to track used cars values closely as a volatile market continues to shift quickly. It has reported prices have already slipped 1.5% on average […]
Used car values continue downwards trajectory
Average used car retail prices contracted on a year-on-year basis for the second consecutive month in October, dropping 1.7% like-for-like. According to the Auto Trader Price Index, the current rate […]
Cost still main barrier to EV switch
More than six in 10 UK drivers say they won’t buy an electric vehicle because they are too expensive. According to the National Franchised Dealers Association’s (NFDA) Consumer Attitude Survey […]
