Tag: used cars

Industry ‘should remain calm’ over future of diesel values, says VRA

Friday 7th July 2017 | 0 Comments

Diesel is likely to remain a crucial part of the motor trade’s fuel mix for the foreseeable future and the motor industry should “remain calm” over its future values, says the Vehicle Remarketing Association. The trade organisation – which represents companies that are involved in remarketing more than 1.5 million vehicles every year – says that there is every reason to expect that the values of most diesels will stay relatively stable.

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Used car sales reach record high in Q1 2017

Used car sales reach record high in Q1 2017

Friday 19th May 2017 | 0 Comments

The UK used car market got off to a strong start in 2017 with a record number of vehicles sold in the UK in the first quarter, according to data released by the Society of Motor Manufacturers and Traders (SMMT). A total of 2,133,956 used cars changed hands in the first three months of the year, 3.4 per cent more than in 2016, resulting in the biggest-ever first quarter volume seen.

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Used car buying survey shows shift away from private sellers

Used car buying survey shows shift away from private sellers

Tuesday 2nd May 2017 | 0 Comments

A survey of 1,289 mycarcheck.com customers has revealed a significant shift in where people buy used cars. 27 per cent of those surveyed in February said they preferred to go to a main dealer or car supermarket, up from 13 per cent of those asked the same question a year ago. The trade has taken this market share from private sellers, down to 35 per cent from 48 per cent the previous year, with independent retailers unchanged on 33 per cent.

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2016 a record year for motor auctions

Tuesday 31st January 2017 | 0 Comments

2016 saw record used car sales of 7.7 million and this translated into a very busy year for auctions, as dealers bought cars to fill forecourts to meet consumer demands. “Following what could be described as an uncertain political and economic climate, 2016 marked a strong performance from the UK motor auction sector”, commented Louise Wallis, head of The National Association of Motor Auctions (NAMA).

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Risk of buying write-off highest in London and Birmingham – My Car Check

Risk of buying write-off highest in London and Birmingham – My Car Check

Monday 3rd October 2016 | 0 Comments

New figures from My Car Check show that the risk of buying a previously written-off vehicle is much higher in some UK cities than others. Around 1 in 4 cars checked in London and Birmingham over the last year were found to have been written-off, compared to around 1 in 7 in Glasgow, Edinburgh and Bristol.

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September brings used car market return – My Car Check

September brings used car market return – My Car Check

Tuesday 27th September 2016 | 0 Comments

LOGIN OR SUBSCRIBE TO READ THE FULL ARTICLE Related posts: August used car trends slow as expected, My Car Check suggests premium option Glass’s forecasts profitable 2016 for motor trade ‘Higher risk’ when buying used electric or hybrid cars Mercedes C Class affecting UK used vehicle trends: My Car Check

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Glass’s Used Car Hero for September: BMW E46 M3

Tuesday 27th September 2016 | 0 Comments

The E46 BMW M3 is Glass's Used Car Hero for September, providing a driving experience to rival almost any supercar in a family-friendly package. Andy Cutler, forecast values editor, said: "This generation of M3 was recognised as very special from the moment it went on sale in 2000 and is fast becoming recognised as a classic.

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Citroen Berlingo – Glass’s latest ‘Used Van Hero’

Thursday 15th September 2016 | 0 Comments

Citroen's popular Berlingo, a mainstay of many fleets that has been around since 1996, is Glass's Used Van Hero for September. Each month, Glass's commercial vehicle editors hold a meeting to name the current Used Van Hero in the UK market - the model they believe offers outstanding value, quality and ability.

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My Car Check reveals 10 cars most likely to have been written-off

Thursday 1st September 2016 | 0 Comments

Analysis of My Car Check data for the first half of 2016 has revealed the UK used cars most likely to have been written-off. Nearly a quarter (23.67 per cent) of all searches returned a write-off warning, with the riskiest models being the Peugeot 208 Active and the Ford Fiesta Edge 60.

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August used car trends slow as expected, My Car Check suggests premium option

August used car trends slow as expected, My Car Check suggests premium option

Monday 22nd August 2016 | 0 Comments

My Car Check’s valuation experts have spoken about the significant trends in the UK used vehicle market for August, adding its car of the month. Head of valuation services at My Car Check, Gavin Amos, said: “Used car sales have slowed over the last month, which is only to be expected at this time of year.”

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Don’t pimp your ride if you want to sell it – Glass’s

Thursday 18th August 2016 | 0 Comments

Retrofit add-ons like big bore exhausts, aftermarket alloys and tinted glass can put off potential used car buyers and destroy values, says Glass's. Andy Cutler, forecast values editor, explained that these non-manufacturer options suggested that the previous owner was a boy racer and the car would have been driven hard.

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Brexit decision at ‘inflection point’ for car market – Close Brothers Motor Finance

Thursday 28th July 2016 | 0 Comments

Following the publication of the SMMT’s UK monthly automotive manufacturing figures for June, Chris Bosworth, director of strategy at Close Brothers Motor Finance, suggests that the current growth spurt may be coming to a close. The extent to which this will be affected by Brexit remains to be seen, Bosworth adds, though it coincides with what he calls an “inflection point” for the UK car market.

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Mercedes C Class affecting UK used vehicle trends: My Car Check

Mercedes C Class affecting UK used vehicle trends: My Car Check

Monday 20th June 2016 | 0 Comments

My Car Check’s valuation experts reveal significant trends in the UK used vehicle market and choose a car and bike of the month. Head of valuation services Gavin Amos said: “The launch of the new Mercedes C Class has made the previous generation models a great value route into this prestige brand. All 2007 onward derivatives are well built, drive beautifully and can stand the miles, with the economical yet powerful diesel variants particularly desirable. There are plenty out there to choose from and full main dealer service history is always a good start.”

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Five optional extras that add value

Tuesday 7th June 2016 | 0 Comments

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.

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New report reveals changing car buying habits

Tuesday 7th June 2016 | 0 Comments

A new report into the UK’s car buying habits has revealed the impact that technological and generational changes are having on the country’s motorists - and the people they buy their cars from. The 2016 Car Buyers’ Census, compiled from an online YouGov poll by the search engine Carsnip, revealed a growing ‘generation gap’ among drivers, with many younger people embracing new technologies and peer-reviews to make the task of purchasing a car easier than ever. According to the survey, so-called ‘Millennial and ‘Generation Z’ drivers were twice as likely to use online car search when buying a car compared to over-55s.

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