Friday, October 26, 2007
Dealer part exchange values on an even keel
The value of dealer’s part exchange cars fell in August but recovered ground in September, according to Manheim Auction’s latest market study.
The average value of part exchanges fell slightly in August from £2,092 to £2,034 but rallied to £2,065 in September.
Volumes of part exchanges during the period were relatively static year-on-year, although September recorded a marginal 1.5 per cent increase in line with new car registrations.
DATED: 26.10.07
FEED: MT
