Tag Archives: used car prices

March brought five per cent rise in Used car prices

March brought five per cent rise in Used car prices

British Car Auctions (BCA) has reported a five per cent rise in used car values in March. The average value of a used car increased by £57 to £7387 in March – the highest monthly value this year and the third highest on record.

softer used-vehicle prices forecast by Tom Webb Manheim economist

softer used-vehicle prices forecast by Tom Webb Manheim economist

Increases in off-lease, retired-rental and repossessed vehicles entering the market are dampening used-vehicles prices, auction company Manheim’s chief economist said, and the trend will continue into 2014.

Used cars get older and more expensive in 2012


According to the latest data from British Car Auctions, the average value of used cars that went under the hammer in 2012, rose by 4.7 per cent compared with 2011.