Watching the second hand
I have seen a nice one-year-old Ford Focus C-Max Titanium, 6,000 miles, at a local Ford dealer for just under £14,000 and I am tempted to buy. However, I wonder if it would be more prudent to wait until after 1 August when, in theory, people might be trading in to get the latest model and the price of a similar car might be less.
Asked on 22 August 2009 by
Answered by
Honest John
They won't be trading-in until September when 59 plates arrive. But, a lot of trading-in these days is 10-year-old scrappers, which isn’t feeding stock to the used market. Used prices might drop a bit in October/November, but not as much as usual due to the shortage of good used cars brought about by the weakness of Sterling against the Euro. This has made 2nd hand UK cars big bargains for the Irish, Maltese and Cypriots, which is where a lot of used RHDs are going.
Our honest used car pricing is a little bit different to all the others. You can get to our values through make or model - you don’t have to follow a prescribed route. Plus, it’s live, which means we can react to changes in the market quicker than any printed price guide.
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