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Used car values weakening
- 27/09/2023
- Posted by: Alan Feldberg
- Category: News
Used car values fell by their largest amount since 2008 in September. According to data from cap hpi, values dropped by 1.9%, or about £420, at the three-year, 60,000 point. Values at the one-year age point dropped by 1.6%, equivalent to £575, while older cars dropped by 1.8% at five years old and 2.1% at [...] -
Government expected to delay 2030 petrol ban
- 20/09/2023
- Posted by: Alan Feldberg
- Category: News
The UK government is set to delay the 2030 ban on the sale of new petrol and diesel cars until 2035. It is currently holding an inquiry into the viability of switching to EVs and has taken advice from industry bodies such as the Society of Motor Manufacturers and Trader, the National Franchised Dealers Association, [...] -
Used car prices continue to fall
- 29/08/2023
- Posted by: Alan Feldberg
- Category: News
Used car values fell two per cent in August, the fifth consecutive month of falling values. According to cap hpi, the decrease was the largest recorded since the introduction of cap Live in 2012, and second only to August 2010. Darren Martin, director of valuations at cap hpi, said: “August is generally a [...] -
cap hpi lifts lid on ULEZ compliance
- 09/08/2023
- Posted by: Alan Feldberg
- Category: News
New analysis shows one in four cars in Uxbridge is non-compliant with the new Ultra Low Emission Zone (ULEZ). The London ULEZ is due to expand on 29 August to cover all areas in Greater London. It will operate 24 hours a day, every day of the year except Christmas Day. Non-compliant cars will be charged £12.50 [...] -
July dip in used car values
- 31/07/2023
- Posted by: Alan Feldberg
- Categories: Featured, News
Used car values fell by 1.9% in July despite healthy wholesale activity, according to data experts at cap hpi. The fall of 1.9%, or £350 on average, is a larger drop than the average pre-Covid July figure of a drop of 1.2% although average used car prices remain almost 30% higher than they were two years [...] -
EV values expected to plateau
- 11/07/2023
- Posted by: Alan Feldberg
- Category: News
Experts at cap hpi have predicted a stabilising of electric vehicle values in the second half of the year. The market has been disrupted in the first half of the year as a result of high values, high energy costs and cheaper fuel prices, but cap hpi believes EVs are now close to reaching a plateau. Dylan [...] -
Audatex upgrades MVM solution
- 22/06/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Audatex has upgraded its valuation product Market Value Manager (MVM) to now include live vehicle valuation data from Motors.co.uk and cap hpi. This is meant to help claims handlers use MVM to more accurately calculate the pre-accident value of a vehicle to make satisfactory settlement offers with customers, backed [...] -
Audatex selected by leading insurtech
- 27/04/2022
- Posted by: Alan Feldberg
- Category: News
Audatex has announced that leading insurtech Inshur has adopted its estimating platform AudaEnterpriseGold to manage its vehicle claims. Inshur is a 100% digital provider serving private hire drivers, courier and food delivery vehicles. Adoption of AEG will allow Inshur to provide a fast, efficient and standardised [...] -
cap hpi launches new imagery tool
- 07/01/2022
- Posted by: Alan Feldberg
- Category: News
cap hpi has introduced a new digital vehicle imagery tool to partner with its new vehicle data that it claims will help businesses increase online conversions. This new imagery tool allows cap hpi to offer all manufacturer colours for all cars and vans with the ability to ultimately offer exact trims levels, [...] -
Used car prices still climbing
- 06/09/2021
- Posted by: Alan Feldberg
- Category: News
cap hpi has found that used car values are continuing their unparalleled shift upwards. It’s daily produced Live trade values reported an overall increase of 3.7% at the three-year point during the month of August, equivalent to almost £500 per car. Whilst this rise on its own would be quite extraordinary, it [...]
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