The firm’s data shows that exceptional CAP Clean performances have been seen on the following models:

Small Cars

• 36+ month-old MINI Cooper D – 115%
• 24+ month-old Fiesta Titanium petrol – 113%
• NB – 12+ month-old low mileage Zetec examples performing some 4-6% behind CAP
• 24+ month-old C1 VT petrol – 121%

Medium Cars

• 12+ month-old Astra GTC Sri Diesel – 107%
• 12+ month-old (pre-facelift) examples performing some 5% behind CAP

Upper Medium Cars

• 36+month-old Laguna Expression estate petrol – 107%
• Sub-70,000 versions struggling a little and sit some 6% behind CAP
• 18+ month-old Insignia Sri VX Line Diesel – 106%
• 12 & 36+ month-old Insignia somewhat behind CAP, especially very low and exceptionally high mileage variants – some 4-8% behind CAP

Sports Cars

• 24+ month-old RCZ GT Petrol – 104%
• 3-12 month-old versions hover around 96% CAP

4×4 and SUV

• 36+ month-old Qashqai DCI N-Tec Diesel – 116%

People Carriers

• 12+ month-old Zafira Tourer SRI Diesel – 108% – standard, unloved examples performing c8% behind CAP, sometimes more – spec and condition critical

Matt Dale, director of G3 Remarketing, commented: ‘Segment value levels have increased in January 2014. The best performing value markets centred between the £5,600-£5,800 mark. We expect this to remain constant in February.

‘Mileage saw a slight decrease in January, with average mileages around 57,200 and average ages dropping again to 34.3 months. Volumes increased markedly by c13.7%, as contract hire stock found its path through to auction. Volumes are expected to reduce slightly in February, with overall conversion rates rising, as stock remains thin due to the impending March registration.

‘Fleet and lease vehicles values increased in January in line with expectations. Average fleet prices were around £8,640, up £298 month on month. Finance vehicles also increased in value with average prices at £6,130, an increase of £200. I believe the market will continue to remain strong throughout February, as volumes reduce through all channels.’

Figure 1: Refurbishment spend and ROI – January 2014