Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Van Tax Calculator
BiK Rates Company Car Tax

Ex-fleet values rise in September

The used car market performed strongly in September, with a notable performance in the ex-fleet sector, according to Manheim.

Manheim

Ex-fleet values rise in September according to Manheim

The average ex-fleet sold price rose 15.4% higher than the previous month (£11,582) with average mileage down 9.7% at 32,059. Ex-fleet stock volumes were also up 8.7% month on month (19.9% year-on-year).

Manheim also saw a 16% monthly uplift in the average overall sold price of vehicles through its physical and online car auctions, up from £6,241 in August to £7,271 in September, reflecting a 25.3% uplift year-on-year. Average mileage of vehicles fell 5% to 55,941; down 10.6% year-on-year.

The auction company attributed the strong month to an increase in the quality of vehicles sold and the reductions in average mileage.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.