Values cool off in April edition of CAP Black Book
Black Book editor, Tim Bearder, says that major influx of ex-rental stock has been instrumental in “tightening the lid on trade values” as some manufacturers incentivise rental operators to place fresh new car orders.
In addition, a number of high-mileage, upper-medium cars now returning to the market.
Bearder said: 'One of the challenges for the market over the coming weeks and months will be the shortage of sufficient quality retailable three-year-old stock. Here disposers have the chance to benefit by ensuring their stock is offered in sufficiently attractive condition to take advantage of dealers’ appetites.'For more of the latest industry news, click here.