Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” over the condition, service history and specification in recent months. According to a white
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Dealers getting picky with used car stock
Van values take a seasonal jump in September, says BCA
Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline, according to the latest BCA Commercial Pulse report. Despite rising volumes
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CAP reporting no impact on Volkswagen residuals
CAP Automotive has reported that the current issues faced by Volkswagen Group appear to not to have impacted on residual values. Derren Martin, CAP black book editor said: “It really
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VW diesel tops fastest selling used cars
The fastest selling used car in September was a VW diesel. The Sharan sold in an average of 13 days across the UK, according to sales trend data released by
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Strong demand leads to September small drop in used car values – CAP
Average used car values remained steady in September, moving down by 0.7% at the 3-year, 60,000 mile point. With supply dropping in some quarters, and demand steady, the main downward
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Emission scandal has ‘marginal’ impact on Volkswagen trade values says Glass’s
Trade values of Volkswagen used cars have so far only been marginally affected by the news of last week’s emissions scandal. They have suffered only a 0.2% drop in values
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Guest opinion: the Consumer Rights Act and selling used cars
The Consumer Rights Act is set to change the way car dealers and retailers sell used cars to the public with a super-charged version of the Sale of Goods Act,
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Are pre-registrations an opportunity or a threat?
Pre-registrations are not new. For the vast majority of franchised dealers, they are a normal way of balancing the supply of vehicles manufacturers want to sell, with the demand from
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Majority of used car buyers cap monthly payments at £200
The majority of consumers using online finance calculators want to pay a deposit of £1,000 and cap their monthly payment at £200. Research carried out by G Forces and Codeweavers
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VW used car values trail overall market in September
Trade values of Volkswagen diesel cars are trailing the market by three percentage points now compared to the beginning of September before the brand was engulfed in the emissions crisis.
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CAP reports ‘steady’ used car market in September
CAP reported a “steady” used car market in September with average values dipping 0.7% at the 3-year, 60,000 mile point. But it warned that record sales of PCPs could dent
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Fleets fear fall out from Volkswagen emissions scandal
The vast majority of buyers for fleet companies in the UK believe the Volkswagen emissions scandal will impact on the UK. Of fleet decision makers, 95% believe the US investigation
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