Consumers 'should buy used cars now'

Tue, 22 Apr 2008
The global credit crunch has given people looking for a used car the chance to pick up a great deal, it has been reported.

According to EurotaxGlass's Guide to Used Car Values, the economic turn has led to a large influx of second-hand vehicles pushing down residual values - a change it attributes to the March introduction of new registration plates.

The market has not been more favourable to buyers in quite a while, according to managing editor of the company Adrian Rushmore.

He said that consumers can pick up the vehicle of their choice today at a price they can afford.

"The choice of cars on offer is greater than at any point so far this year and the post-Easter period marked a significant downward shift in retail activity," commented the official.

In 2000, Glass's and Eurotax merged to form EurotaxGlass's.ADNFCR-1081-ID-18562815-ADNFCR

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