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It's been a good year so far for the used car trade. But what's happening in the market at the moment? And what can we expected over the coming months?
CAP's Black Book Editor Tim Bearder is at Manheim Auctions, Leeds, to talk us through the latest market movements:
• A bumper September expected
• Values remain strong
• Demand is good
• Stock is stable
• Values expected to soften towards end of September
• Convertible sector has had its day
• SUV sector has started to stabilise, apart from the large volumes
• Utility and larger and lower volume ranges have moved upwards in value
• October movements expected to be 0.6 - 0.8 downwards
• SUV sector expected to continue moving up
• Pressure expected in the City Car sector as an influx of daily rental vehicles have moved back into the market
Discover for yourself the very latest market movements with CAP's 24/7 daily product, Black Book Live.
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