Used prices UP by 3.5% in September

Honest John Back Room » Motoring discussion
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Sat 18 Oct 2008 17:16
Used prices UP by 3.5% in September - qxman {p}
I noticed a report on Manheim's website (Manheim.co.uk) this morning which states the used car prices are UP by 3.5% in September. This kind of confirms what I've seen at some local dealers - i.e. the really undesirable stuff (engine over 2 litres or 4x4) is staying cheap, but anything 'practical' and 2 litres or under is quite strongly priced.
I suspect that with new car sales down by 21% in September, used car depreciation could start to slow up a bit.
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Sat 18 Oct 2008 18:21
Used prices UP by 3.5% in September - colinh
"...with new car sales down by 21% in September"

Doesn't seem to have stopped VW pricing the Mk6 Golf at approx. 10% more than the current one - e.g., 138bhp GT TDI five-door at £20,980 - despite well-publicised reductions in manufacturing costs. Probably blaming currency fluctuations.

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