Tag: car market

car mechanics

New plate change could paint false picture of car market, Glass’s warns

Valuations expert Glass’s have stated that this month’s plate change is likely to paint a falsely buyant picture of the market. According to the firm’s head of valuations, Rupert Pontin, there are 43% more cars under a year old than this time last year, indicating there has been a large rise in pre-registrations. “Customers need

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car mechanics

Car market will innovate and adapt to weakening of PCP appeal

The automotive retail sector is sufficiently dynamic and innovative to adapt to a predicted weakening in the market conditions that have led to a perfect scenario for PCP growth in the market. Low interest rates and inflation, a strong pound to the Euro, gradual increases in new car prices, high consumer confidence and strong residuals

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