Car manufacturers and the iPhone generation

604 More

Earning the right to be successful

587 More

Knowledge is power

681 More

Selling cars – it’s all about timing

967 More

Truemag

  • Home
  • About
  • Advertise
  • Archives
  • Contact
  • Subscribe

Used car depreciation drops further

Used car values have had the biggest fall in over three years, according to BCA.Second quarter figures saw BCA’s index showed values fell by £390 compared to quarter one, from £5,772 to £5,332.

The report follows recent retail sales figures which showed a 3.9% drop in June, the sharpest monthly decline since 1986.

Values in the fleet & lease and part-exchange sectors also dropped by over 3% and nearly 5% respectively.

Tony Gannon, BCA communications director, said: “What is important is seeing if the market will bounce back in quarter three as it has in previous years.

“Ths makes next quarter’s index figure critical for industry watchers hoping to predict the medium to long-term prospects for used car values – and by inference – used car demand.”

AM-Online

Jul 28, 2008MTI
  • Will 2012 be the year the social media finally penny drops?
  • Depreciation, perceptions and a piece of the pie
  • Car Makers Premier League – July 2010
  • Car Buying Guide
  • MPV’s leading used car sales surge
  • Depreciation, depreciation, depreciation
  • Dealer admits income tax fraudCar dealer finance penetration plummets
    MTI
    14 years ago Blog, Consumercar values, depreciation, Used car79
    Most viewed
    Top 100 UK Dealer Groups
    39,531 views
    The car sales process and the “9 point plan”
    11,562 views
    webuyanycar review – They will buy any car but beware of the asterisk
    6,046 views
    Most commented
    Car sales and the power of silence…
    25 Comments
    Car dealers still not prepared to play the “we buy any car” game
    23 Comments
    A Traders Tale – Part Four
    22 Comments
    Win a pre-loaded Ipod Shuffle!
    19 Comments
    Bargain of the Week – StreetKa 1.6i Luxury
    14 Comments
    Bridal Hair Berkshire
    Fox Body to 2018 Mustang Parts
    and Accessories
    About MTI

    Motor Trade Insider
    is written by people working actively in the motor trade for people on the inside and people on the outside.

    Our aims
    Build a bridge between consumers and the trade, create Interesting and informative content, break down barriers and create better understanding, expose bad practices and rip-offs and promote outstanding products and service.
    Have something to say?
    We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com. Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
    2017 © Motor Trade Insider
    Truemag theme by StrictThemes