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.
Analysing the car market following the introduction of the 66 plate, head of valuation services at My Car Check, Gavin Amos says that the used car market has improved, while 4×4 sales remains strong. “The used market picked up throughout September with many dealers and traders reporting strong enquiry levels. For main agents, attention has […]
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.”
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.”
New figures from My Car Check have highlighted the different risks associated with buying a secondhand electric or hybrid car. Most significantly, green machines are more likely to have outstanding finance than their petrol or diesel counterparts.
Head of valuation services at My Car Check, Gavin Amos, has named the Honda Civic as his car of the month, saying: “The Honda Civic is often overlooked in favour of the Ford Focus, Volkswagen Golf and Vauxhall Astra, but it drives well, competes in terms of emissions and fuel consumption, and can be a great fit for those wanting something a bit different. Check to make sure the one you’re looking at is clear of finance and not previously written-off, especially the very rapid Sport variants.”
My Car Check Trade added its analysis of the light commercial vehicle market to its car market forecast. Gavin Amos said: “As the country gets back to work after the festive period, LCV sales are expected to pick up sharply over the next few weeks. The weather will play a part but it shouldn’t be long before sales are back to where they were at the start of November. In terms of values, we have eased most back by around 2 per cent this month.
The beginning of the year signals the start of a busy period in most lines of work, and My Car Check Trade states that car dealerships are no different. Head of valuation services, Gavin Amos, states: “Dealerships are hives of activity in January as, with Christmas over, consumers turn their attention to looking for a new car. Footfall always increases dramatically at this time of year and retailers will have taken advantage of the December lull to stock up in readiness.