Thursday, January 04, 2007
Used car values recover in 2006
Residual values fell at a slower rate last year than in 2005 with cars aged between one and five years receiving a significant year-on-year uplift in depreciation.
Research by EurotaxGlass’s found that the trend was equivalent to an additional 3 per cent of retained value on the average three-year-old car.
The analysts said the uplift reversed a downward trend that dated back to 2004 and had affected most vehicle segments.
DATED: 04.01.07
FEED: MT
Research by EurotaxGlass’s found that the trend was equivalent to an additional 3 per cent of retained value on the average three-year-old car.
The analysts said the uplift reversed a downward trend that dated back to 2004 and had affected most vehicle segments.
DATED: 04.01.07
FEED: MT
