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Dealers squeezed between rising  values and volume reductions

February 2012 – for immediate release
RISING used car trade values will increase the squeeze on dealer profitability in February and beyond, according to the independent benchmark used car pricing guide CAP Black Book.

Healthy dealer margins will be threatened by an anticipated reduction in stock availability, increasingly forcing them to buy cars requiring more investment in refurbishing to retail standard,...

The CAP Used Car of the Year Award 2011

Nissan Qashqai named as CAP Used Car of the Year 2011

December 21 – for immediate release
The Nissan Qashqai has been voted ‘Used Car of the Year’ for the 2nd year running by CAP – the UK’s independent benchmark used car pricing experts.

A panel of judges comprising of used car market and vehicle valuation experts at CAP chose the Qashqai from a shortlist of 6 models. Points were awarded by the judging panel...

Used car values end the year with smaller falls than usual for December, reports...

December 2011 - for immediate release

THE AVERAGE REDUCTION in used car trade values of 1.8% reported in the December edition of benchmark price guide Black Book was smaller than the historical ‘norm’, according to CAP.

The unusual stability in used car prices at a time when larger falls are typically recorded reflects a continuing delicate balance between supply and demand in what is still an essentially fragile...

CAP Used Car Price Index shows improvement on the summer

November 2011 – for immediate release

CAP Used Car Price Index – September to November 2011

Changes in 3yr old car values compared with the period June to August 2011

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USED CAR PRICES were firmer across most sectors between September and November than the previous 3 months, according to the used car pricing experts, CAP. The CAP Used Car Price Index also reveals an increase in values for 4x4s over the...

‘Fragile balance’ between demand and supply means used car prices ‘unusually sta...

TRADE VALUES moving into November were ‘unusually stable’ for the time of year, according to the latest edition of CAP Black Book, the benchmark guide to used car prices.

Key to the dynamic is a fragile balance between muted consumer demand and relatively low volumes of available vehicles.

Typical used car market ‘seasonality’ tends to see used values dipping by an average of nearly 3% for November – with a...

Smaller cars lead the field as low volume keeps a lid on depreciation

CAP Used Car Price Index - June to August 2011

Year on year changes in 3yr old car values compared with June to August 2010



LATEST FIGURES FROM used car pricing experts CAP reveal lower used car depreciation this summer than during the same period last year. The CAP Used Car Price Index also confirms that smaller, more economical cars are leading the field in terms of value retention.

The most striking...

Prices falling in the used car market

CAP Used Car Price Index – June 2011

Year on year changes in 3yr old car values compared with June 2010



CAR VALUE DEPRECIATION has accelerated rapidly over the last quarter, according to CAP, the used car pricing experts.

Measuring typical 3 year old car values compared with 12 months previously reveals that only the most exotic vehicles are immune to the downturn in used car values that began around...

New Mercedes-Benz SLK benefits from more ‘aggressive’ image, says CAP

March 30 2011 – for immediate release

AGGRESSIVE styling and across-the-board improvements have given the new Mercedes-Benz SLK a significant forecast residual value premium over the outgoing model, according to CAP, the used car pricing experts.

The 3rd generation of the model – first introduced in 1996 – also sees the introduction of some AMG branding to the range, adding more weight to its sporting...

Small cars lead the 2011 used car price recovery

March 2011 – for immediate release


CAP Used Car Price Index – March 2011
Year on year changes in 3yr old car values compared with March 2010

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STRONG RECOVERY in used car values during the first quarter of this year has been led by the smallest and most economical vehicles, according to CAP, the used car pricing experts.

Star performers in the current used car market are ‘Superminis’ – Fiesta/Corsa size...

Correction to CAP news relase 'Small cars lead the 2011 used car price recovery'

In the recently distributed CAP news release 'Small cars lead the 2011 used car price recovery' paragraph 3 states 'In December 2011 a 3 year old Supermini was worth an average 6.7% less than its equivalent 12 months previously.'

This should read 'In December 2010 a 3 year old Supermini was worth an average 6.7% less than its equivalent 12 months previously.'

Please accept my sincere aplogies for this error.

Mike...