Tuesday, May 15, 2007
Used car prices up for 3rd successive quarter
MANHEIM'S LATEST Market Analysis Report show prices of used cars have risen again for the third successive quarter.
Despite seasonal influences pushing up used volumes to record levels, average values rose by 7.5% to £6,643 in Q1 2007. This is the highest average selling price recorded by Manheim since its Market Analysis report was launched in 2004. The percentage of Original Cost New Price also reached a record high of 42.7%.
DATED: 15.05.07
FEED: AW
Despite seasonal influences pushing up used volumes to record levels, average values rose by 7.5% to £6,643 in Q1 2007. This is the highest average selling price recorded by Manheim since its Market Analysis report was launched in 2004. The percentage of Original Cost New Price also reached a record high of 42.7%.
DATED: 15.05.07
FEED: AW
