Cap hpi forecasts strong first quarter for used cars

Dealers can expect a strong start to 2019 in the used car market with values remaining high.

That’s the view of cap hpi, which said the market continued to be buoyant with used car values remaining strong in November, bucking the usual decline for the month seen in previous years.

“The first quarter of 2019 will be an interesting one. A healthy start to the year is likely, and prices will likely stay high. What is clear is that any price movements will be very manufacturer and model specific,” said Derren Martin, head of UK valuations at cap hpi.

 

BCA Marketplace PLC (LON:BCA), together with its subsidiaries, owns and operates a used vehicle exchange in Europe. It operates through Vehicle Remarketing, Vehicle Buying, and Automotive Services segments. 

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