
City diesels weather the storm but 4×4’s crash
HPI’s Valuation Expert Martin Keighley has confirmed that used car prices are continuing to fall.
Fears over the economy, added to concern over the government’s road tax plans, are having a knock-on effect on consumer confidence. The situation has seen some 3 year old vehicles drop in value by more than a third over the past 12 months.
Petrol MPV’s, 4×4’s, luxury and executive models are the worst hit, all registering falls in values of over 20 per cent with city diesels the least affected with valuations dipping on average around 8.6 per cent.








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