Tag: September

car mechanics

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 of stock continuing to reach the wholesale markets, BCA said increased levels of demand and competitive bidding saw values rise for fleet/lease, dealer part-exchange and

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car mechanics

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. Trade valuation guide Glass’s analysed its database and found that Volkswagen diesel used cars fell 0.2% compared to the beginning of September whereas the overall

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car mechanics

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 values in the future as supply exceeded demand. Derren Martin, senior editor, CAP Black Book said: “The used car retail market remained buoyant in September.

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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 the online classified giant predicted it would generate 1.2 million used car valuations over the course of the 65 plate-change month and repeated its prediction

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