Thursday, September 23, 2010
Quality used stock remains in short supply
According to Epyx, the e-commerce specialist which runs the 1link disposal platform, values for standard mileage mainstream and prestige saloons, hatches and estates in good condition aged two-four years old remains strong.
"Despite the general fall in used car values seen in the last few months, good used stock remains in short supply," said Ken Trinder, head of business development.
"The prices we have seen for quality ex-fleet stock, that is the mainstay of many used car operations, have stayed fairly buoyant over the last month."
Trinder said there was also a wider spread of prices between the best and worst stock entering the used market.
"Pre-recession, most ex-fleet stock that came through the platform was sold at around three years/60,000 miles and the condition spread for that stock was fairly minimal.
"We now have seen a trend where buyers are being far more aggressive towards low mileage stock."
DATED: 23.09.10
FEED: MT
