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 […]
car prices
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 […]
Used car values continue downwards trend
Used car values fell in October according to data from cap hpi. It found that average three-year-old vehicles with 60,000 miles declined by 4.2%, or £850. This is the largest […]
Growing demand pushes up used EV prices
New data from Auto Trader has revealed that used EV prices have risen 0.6% so far in October to an average price of £32,203. However, prices are still down 19.6% […]
Used prices fall for first time in 41 months
Used car prices fell in September for the first time since March 2020, based on data from the Auto Trader Retail Price Index. The average price of a used car […]
Used car values weakening
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. […]
