Is your car your pride and joy, or are you ready for a change? Let us know and you could win a £300 John Lewis voucher | No thanks


Wed, 20 Feb 2008
Research from EurotaxGlass’s, publisher of Glass’s Guide, has revealed that new cars registered between the months of March and August (inclusive) will typically retain £300 more than those bought at any other time of year during an average three year period of ownership.

EurotaxGlass’s analysed over 100,000 trade values, measuring the price difference between identical three-year-old models registered from March to August (bearing the 02, 03, 04, etc, plate identifier) and September to February (bearing the 52, 53, 54, etc, plate identifier).

It found that the owner of a three-year-old car registered during the period March to August would, on average, be offered £300 more in part exchange than someone trading-in a three-year-old example of the same model registered between September and February.

“Used car buyers remain willing to pay more for the most up-to-date registration plate available within their budget, but dealers consistently report a price premium for the March to August plate
series - 02, 03, 04, etc - because people find it much easier to identify the age of the car,” comments Adrian Rushmore, Managing Editor at EurotaxGlass’s.

“In the typical year, sales during the period September to February usually account for around 45 per cent of total annual registrations, so these weaker residual values are affecting a very significant number of used cars.”

More at


Add a comment


Ask Honest John

Value my car

Amount to borrow
Sorry. The minimum loan amount is £1000
To pay back over

My credit score

Best available rate 9.20%

Total repayment £8,930.17

Total cost of credit £1,430.17


48 monthly payments

Apply now

Representative example

Borrowing £7,500 over 4 years with a representative APR of 25.4%, an annual interest rate of 25.4% (Fixed) and a deposit of £0.00, the amount payable would be £239.77 per month, with a total cost of credit of £4,008.96 and a total amount payable of £11,508.96.

CarFinance 247 Limited is acting as an independent credit broker

Universal Square, Devonshire Street North, Manchester, M12 6JH