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Dealers 'rush to buy used cars'

Thu, 22 Jan 2009
There has been a recent flurry of activity among UK dealers looking to buy used cars, it has been claimed.

According to EurotaxGlass's the past few weeks have seen a "dramatic rise" in the number of second-hand vehicles being snapped up by retailers.

It stated this could well be the result of a modest upturn in sales after Christmas.

Managing editor Adrian Rushmore commented: "The level of trade buying is unprecedented for this time of year, exceeding all expectations given the broader economic conditions."

He suggested the upsurge in activity may be down to a decision among dealers to focus on used cars in a bid to minimise the effect of falling sales for new vehicles.

This could be good news for those looking at buying a car with a few miles on the clock, as there should be plenty of choice.

Meanwhile, EurotaxGlass's recently said it did not expect used car values to decline as steeply in 2009 as they did in 2008.

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