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I want to buy a BMW X5 at auction - do you think prices will fall after next week's budget?

I'm looking to buy a 2008 BMW X5 at auction. Should I buy now or wait - are prices likely to fall post-budget next week, and what is your view on the auction market trend currently?

Asked on 16 June 2010 by ronancarter

Answered by Honest John
I think so. Especially if tax goes up. Used prices are currently on a downer.

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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