Tag: used values

car mechanics

Glass’s name top five optional extras worth having

Valuations experts Glass’s have named the top five optional extras that add value when it comes to selling your car. Rupert Pontin, director of valuations, said that few options increased the value of a vehicle or made it easier to move on when it resold but that there were some exceptions. He explained: “Apart from

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car mechanics

Used market for high value cars hit by BREXIT fears

Potential buyers of higher value used cars appear to be holding back until the outcome of the EU referendum is known, according to the UK’s leading vehicle data provider, Glass’s. The company is increasingly hearing anecdotal evidence from dealers that cars priced over £15,000 are struggling to sell – with a potential BREXIT apparently being

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car mechanics

Demand slows seasonal slide in used values

The increased volume of vehicles in the used market has pushed down values by 1.4% in April although consumer demand remains strong, according to research by cap hpi. The research shows that while prices in the used car market dropped, the downwards movement was not so stark, 1.4% compared to 1.7% at three years 60,000

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car mechanics

“Significant uncertainty” over used car values following BREXIT

There would be “significant uncertainty” over used car values if the UK left the EU following the June referendum, believes Glass’s. The leading automotive data provider in Europe, Glass’s, points out that there are virtually no precedents on which to base the likely impact of a BREXIT. Rupert Pontin, Head of Valuations, said: “When we

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car mechanics

Used volumes build and residual values slip in October

Average used values dropped by 2.2% with an expected seasonal slide, according to the latest figures from CAP. Derren Martin (pictured), senior editor at CAP Black Book, said: “Based on Black Book Live movements in October, this year is following the same trend as last year. Last year saw decreases of over 5% in the

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