The summer months have been a relatively tricky period for used car retail. June and July are best described as ‘mixed’, while August saw a more consistent pattern as the market toughened up for...
Read moreIt has been a fascinating first few weeks of 2023 for the used car market, a time when the overall market has been strong, with values strengthening for many internal combustion engine cars, but with...
Read moreWith used car supply and demand both constrained this summer, it is unsurprising that we have seen Live values plateau since May. This August, Live values have dropped by just 0.3% on average at the...
Read moreYear-to-date, 2022 has already seen a number of different patterns materialise in the used car market. January and February saw steady demand and a plateauing of trade values, following drops at the...
Read moreIt is well documented that 2021 saw unprecedented price increases for used cars, driven by constrained supply due to new car semiconductor issues and strong demand from consumers. There was pent-up...
Read moreAfter eight months of price increases, we finally saw prices reduce during November. At the 3-year, 60k mile point, average values dropped by 1.2%, equivalent to a fall of £235. There are a number of...
Read moreWhat a period this has been for used car values. Since Cap Live was introduced in 2012, the largest movement up during a single month before this year was a 1% increase in February 2018 – generally,...
Read moreWith Lockdown 3 entering its second month in February, there were obvious challenges for the used car sector. Showrooms remained physically closed and test drives were a grey area legally. The...
Read moreOff the back of September registration volumes being relatively low, large volumes of part-exchanges and fleet returns failed to materialise in the open market. However, due to an increase in...
Read moreThe used car market has had a challenging start to 2019. A sluggish opening to the year was followed by demand being hit in April and May, first with the Easter break and then by the May bank holiday....
Read moreWe can reflect on 2018 as the year of the used car when values remained strong even when volumes rose in the market. From December, however, values have dropped and February saw the first downward...
Read moreStrong demand supported the strongest October for used values on record. Moreover, while October was not immune to deflation, the average drop across all sectors was just 0.6%. It marks the strongest...
Read moreThe used car market slowed into the summer months which broke the cycle of average value movements being more positive than in the same month in the previous year, a rare phenomenon which lasted for...
Read moreLower new car sales continue to grab the headlines, but some context is needed. Despite a significant drop on 2017, this was still the fourth biggest March on record. Over the whole of the first...
Read moreStrong demand drove up used values by an average of 0.4% in February, according to Cap HPI. The figure is a significant improvement on the 0.1% increase in February last year, and signals a strong...
Read moreCap Black Book is predicting 2016 will be a challenging year in the used car marketplace, as volumes continue to rise thanks to record levels of new car registration. Stability in the market will rest...
Read more