Category: Industry News

car mechanics

CAP says VW emissions scandal will not dent UK used values

Valuation wide CAP is predicting the emission scandal that has enveloped Volkswagen will have “no discernible impact” on used values in the UK. Dylan Setterfield, senior forecasting editor at CAP,

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car mechanics

Used car values to tail-off in final quarter – NAMA

Auction houses are expecting to see a tail-off in used car values in the final quarter of 2015 as greater volumes of cars enter the market. Increased volumes of part-exchange

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car mechanics

Unrealistic part-ex values set to hit September trade-ins

Auto Trader warned that nearly one in five trade-in deals during September could fail as a result of breakdowns in part-exchange negotiations between dealers and customers. The warning comes as

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car mechanics

Avis Rent-a-Car to defleet through 1link network

vis Rent-a-Car has signed up to epyx’s 1link Disposal Network for the delfeeting of its stock to dealers. Avis, which operates one of the UK’s biggest daily rental fleets, will

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car mechanics

Used diesel values rise more than £200

The fall in the pump price of diesel has boosted used car values by more than £200 more than petrol models, according to research by Manheim. Manheim said the fall

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car mechanics

CAP ramps up data to increase used retail pricing accuracy

CAP Automotive is increasing the amount of data is uses to determine used retail pricing as part of an overhaul of its services. The company said it would be ramping

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car mechanics

Inchcape opens new BMW and Mini centre in Reading

Inchcape Retail business Cooper Reading BMW and Mini has opened its new retail centre at a special customer launch event with 400 guests. Now the biggest Cooper Retail Centre in the UK,

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car mechanics

Used car market hits record high

The value of the used car market in the UK hit an all-time high with a value of £45.1 billion, according to the latest edition of the BCA Used Car

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car mechanics

Wear and tear costs impact PCPs as used values decline

The cost of wear and tear on PCP vehicles is becoming more critical as used car values come under pressure. That’s the view of Rupert Pontin, head of valuations at

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