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Cap hpi and SYNETIQ agree new salvage data deal
- 24/07/2024
- Posted by: Alan Feldberg
- Category: News
Cap hpi has announced a new partnership with vehicle recycling and salvage company SYNETIQ which will add total loss vehicle information to its available data. This will offer users of HPI Check an enhanced vehicle search with greater transparency, including a history of incidents and total loss. HPI Check, [...] -
Tempcover and cap hpi partner to provide short-term policies
- 19/07/2024
- Posted by: Alan Feldberg
- Category: News
New car buyers can now access immediate and short-term insurance from one hour to 28 days following a partnership between Tempcover and cap hpi. This will enable customers at dealerships to drive their new car immediately while searching for motor insurance. Tempcover and cap hpi are working together to promote [...] -
Bridgman joins cap hpi
- 16/07/2024
- Posted by: Alan Feldberg
- Category: News
Craig Bridgman has been appointed as a new senior editor on cap hpi’s valuations team after serving as principal consultant for the past two years. He has 25 years of experience in the automotive sector with expertise in sales, leasing and data analysis, research and market insight and joins from Motobility [...] -
Paul Titchmarsh joins cap hpi
- 09/07/2024
- Posted by: Alan Feldberg
- Category: News
Paul Titchmarsh has been appointed as UK forecast manager for cap hpi. Joining from JCT600, where he was operations director, he will be responsible for managing the company’s new and used car forecast data. The cap hpi valuations team produces forecast vehicle values for up to five years, providing vital [...] -
Used car values hold firm
- 26/06/2024
- Posted by: Alan Feldberg
- Category: News
Used car values reported its strongest June since 2009, according to cap hpi. It found that prices fell by just 0.1% in the month, or £25, at three years and 60,000 miles. The average June decline is 1.2%. Average petrol values went up at both the one- and three-year age points, with diesel cars and both types [...] -
May used car market performs ahead of expectations
- 03/06/2024
- Posted by: Bob Malkowski
- Category: News
The used car market performed ahead of seasonal expectations in May, featuring the strongest May into June movement since the introduction of Cap Live in 2012. Average movements, excluding the Covid years, of -1.6% and average values decreased by -0.9%, or approximately £210 at three years, 60,000 miles, according to [...] -
EV scrappage rates lower that ICE models
- 21/05/2024
- Posted by: Alan Feldberg
- Category: News
New research from cap hpi has revealed that petrol and diesel vehicles are being written off and scrapped by insurers at double the rate of electric vehicles (EVs). The data is contrary to the popular perception that EV scrappage rates are greater due to their higher average repair costs. However, cap hpi [...] -
ADAS under-promoted in used cars
- 15/05/2024
- Posted by: Alan Feldberg
- Category: News
Dealers must do more to educate buyers on the safety features within used cars, according to cap hpi consulting. It says many drivers are not aware of the complex safety systems within vehicles and as such the dealers are not always maximising the value of the car. While visual features such as sunroofs and [...] -
Predictability returns to used car market
- 26/04/2024
- Posted by: Alan Feldberg
- Category: News
Cap hpi data has suggested that used car volumes are returning to traditional trends. It found that car values at the three-year, 60,000-mile point, fell by 1.5% during April, or £300. This is in line with the 1.2% drop seen during the month since Cap Live was introduced 12 years ago. Meanwhile, values at the [...] -
EV sales tipped to top 400,000
- 17/04/2024
- Posted by: Alan Feldberg
- Category: News
A new report predicts that BEV sales will exceed 400,000 this year. According to a new study by cap hpi, the uptick will be driven by growing demand for smaller BEVs, which will increase market share from 20% to 30% while medium and larger BEVs will see market share decline from 45% to 30%. More than 480 [...]