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LCV values hold firm
- 22/03/2024
- Posted by: Alan Feldberg
- Category: News
LCV values dipped just 0.3% between January and February, according to data from BCA. It reported that average values were £8,740 across the month, down just £24 on January and up by 8.7% compared to December. Prices held due to strong demand, with the van sector growing for the 14th month in a row in [...] -
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 [...] -
Dealership enquiries up for fifth month
- 03/07/2023
- Posted by: Alan Feldberg
- Category: News
The number of enquiries received by dealers for new and used vehicles across the UK increased by 4.2% against the same month last year and 5.3% on last month. The data, from iTrackLEADS, shows that the number of enquiries increased for the fifth consecutive month this year. The positive trends come at a time when [...] -
Car enquiries enjoy March spike
- 03/04/2023
- Posted by: Alan Feldberg
- Category: News
New research has found that the number of enquiries for new and used cars received by dealers increased for the second month in a row in March. iTrackLEADS has reported that enquiries jumped 13% on the same period last year. The key sales month saw overall sales increase 4.5% while test drives fell by 1.6%. [...] -
LCV values find their level
- 20/09/2022
- Posted by: Alan Feldberg
- Category: News
BCA has announced that LCV values averaged £9,864 in August, down from the figure of £10,220 reported in July but still ahead of May and June. Performance against guide prices improved to 97.5%, with just a £10 differential between August 2021 and August 2022. Stuart Pearson, BCA COO UK, said: “The overall [...] -
Used car values on the rise again
- 21/07/2022
- Posted by: Alan Feldberg
- Category: News
Used car values rose to £9,196 in June, according to data released by BCA, making it the first month-on-month rise in values recorded this year. Values improved by £745 across the board compared to May 2022, equivalent to an 8.8% increase over the month, with volumes broadly static. Meanwhile, performance against [...] -
Demand ‘volatile’ in LCV market
- 20/07/2022
- Posted by: Alan Feldberg
- Category: News
LCV values averaged £9,800 at BCA in June, up by £283 compared to May. Year-on-year, values for June 2022 were down by £133 compared to June 2021. While average LCV values have risen for the first time in 2022, demand remains volatile. Stuart Pearson, BCA COO UK, said: “It underlines the somewhat [...] -
10 million MOTs due in autumn
- 13/07/2022
- Posted by: Alan Feldberg
- Category: News
Demand for MOTs is expected to rise sharply from August, according to data obtained from the DVSA by BookMyGarage. The Freedom of Information (FOI) request found that the number of vehicles due an MOT will surge by up to 23% in the late summer and into autumn. The busiest month for MOTs is expected to be September, [...] -
Used car prices up 28%
- 08/06/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
The like-for-like price of a used car has risen 28.4% in the past 12 months. According to the Auto Trader Retail Price Index, used car prices have risen for 26 consecutive months on a like-for-like basis. The RPI is based on Auto Trader’s daily pricing analysis of around 900,000 vehicles. It found that prices [...] -
EV sales exceeding targets
- 08/06/2022
- Posted by: Alan Feldberg
- Category: News
New data has found that the UK is on course to meet the government’s electric vehicle targets, with adoption rates now ahead of the required curve. Data from the Department for Transport included in Volkswagen Financial Services UK’s first EV tracking report found that over the past decade sales of electric [...]
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