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9/10/2008
While new car sales in September proved difficult for many dealers, the used car market enjoyed a minor revival.
This improvement in fortunes was most notable for its polarised nature, with consumer demand governed more than usual by price and size of car.The biggest increase in retail activity was concentrated on cars priced up to £5,000, although demand for those priced up to £10,000 was also reasonably positive.
Small and supermini cars attracted the greatest revival of interest with many lower-medium family cars also being actively sought. Upper-medium cars fared moderately well, provided the engine size was no greater than two litres.
Beyond this point the market appeared to be less certain, but the fairly severe retail price realignments that have been necessary in recent months have had the effect of making many of these cars a more tempting proposition for consumers.
- All articles
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- Winter weather could dampen sales of older cars
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- Used cars in the doldrums in December
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- Auctions attract used car bargain-hunters
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- Credit restrictions impact used car market
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- Used cars under £5,000 show most resistance to downturn
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- Minicab trade provides boost for older upper-medium cars
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- A warm welcome from your local dealer in a chilly market
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- What the trade wants
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- Prospects for the Chevrolet Captiva
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- The cost of change
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- Drivers downsize as credit crunch bites
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- Used retail sales
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- Used Car of the Year
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- Used Car Prices
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- Mixed reception for white cars
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- Small car market
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- Residual value forecast
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- Small car sector
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- Used car values
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- Older car market
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- New vehicle forecasts: Mazda2
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- Dealers shun late-plate cars
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- Used car values fall faster as credit crunch bites
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- Hyundai i30 residual values
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- MPV sector
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- New vehicle forecast
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- New vehicle Forecast
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- Older car market
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- Compact MPVs
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- June's used car market
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- Prospects for the Mercedes-Benz CLC
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- There's never been a better time to buy a used car
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- Large cars from volume brands
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- Fiat 500 premiums
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- The decline of the upper-medium segment
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- Selling your used car? You should clean up!
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- Used car buyers urged to defy the credit crunch
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- Chrysler 300C saloon bucks the trend
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- Older used cars continue to be good value for money
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- Values rise for UK's best-selling car
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- Prospects for BMW M3 Saloon
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- Car dealers face up to the reality of life in the digital age
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- Prospects for the new Honda Accord
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- Debutants set new benchmark for drop-top residual values
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- Citroen moves away from cash-back
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- Good residuals for glass roofs
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- The value of the Fiesta name
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- Plate prejudice costs new car buyers
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- Prestige cars more attainable than ever
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- Aygo vs. 107 - used car battle
