• Demand still strong for used cars

    • 2 August 2021
    • Posted by: Alan Feldberg
    • Category: News
    Used car values have continued to track steeply upwards Cap hpi’s live trade values reported an overall increase of 31% at the three-year point during the month of July, equivalent to over £425 per car This rise follows the 48% increase during June and a 67% increase during May, meaning that on average, values [...]
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  • LCV values reach record high in June

    • 26 July 2021
    • Posted by: Alan Feldberg
    • Category: News
    LCV values rose sharply in June to reach an average price of just under £10,000 at BCA Prices rose by £558 to reach an average value of £9,933, the highest recorded average monthly value on record at BCA Bidding from over 2,000 different buyers during the month pushed prices up, aided by a rise in demand of [...]
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  • Car price inflation exceeding wage rises

    • 30 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    Car prices have risen five times faster than wages over the past decade Research from Moneybarn has found that some models have more than doubled in price since 2011, while wages have risen only a fraction of that According to its Carflation study between 2011 and 2021, the average earnings in Britain increased [...]
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  • Salaries fall behind car price inflation

    • 10 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    A new study has found that the price of cars is rising faster than salaries The research, carried out by Moneybarn, looked at the increase in prices of more than 80 popular models over the past decade, and compared it to the rise in average salaries in that time It found that average salaries rose from £21,100 [...]
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