Your friend in the trade
What is depreciation? To some people the depreciation in value a car suffers during their ownership is notional at best. Outside of the trade do many people really care all that much about the depreciation their car has suffered and the ultimate resale value? Well if the popularity of car buying sites such as webuyanycar.com and … [Read more...]
Names reveal a lot about ones age and background. Take girl’s names: Chelsea and Chardonnay come from a different time zone to Irene and Constance, and quite possibly a different social stratum. The same is true with car names. Since the dawn of the automotive age, there have been many examples of ill-judged car model names that are funny, … [Read more...]
Let’s talk about “residual values”. Yes, we’re talking about the dreaded “D” word – depreciation. Once we know the picture regarding a prospective car’s future value (it’s our money after all!) then it may become an important part of the car buying decision process. Residual or future value is all about supply and demand, brand … [Read more...]
Residual value, or to be more precise resale value, are talked about only by dealers who sell cars with great residuals, the others tend to do a bit of sweeping under the carpet and certain other features about a product are expressed during a sales pitch instead. Quality is not necessarily a factor in defining whether a car has a good sell on … [Read more...]
Couples argue more about the price when buying a car together, than any other purchasing consideration. Research by online used car retailer Carsite.co.uk, found that in more than one in four cases (25.7%), money was the number one reason for getting into a dispute with their partner over what car to buy. Second most frequent cause for … [Read more...]
I suppose it is quite topical to talk about the obscene money earned by even the most mediocre of premiership footballers as we watch the odious Marlon King deprived of his privileged lifestyle for 18 months (although in reality probably just a long weekend). This outrageous reward is never better illustrated by the money that these players are … [Read more...]
Despite depreciation slowing down and values stabilising, the shortage of stock is holding the used car market back from a full recovery, says vehicle information provider HPI. Whilst many the market is showing signs of bouncing back, the need for more stock to support the retail sector is vital to kick-start the industry. "The great stock … [Read more...]
Many of the most costly items of optional high-tech equipment currently available on new prestige-brand cars are worth very little on the used market, according to the latest analysis from GlassGuide.co.uk. In the large luxury car segment, which includes the BMW 7 Series, Audi A8 and Mercedes-Benz S-Class, the average cost of radar cruise … [Read more...]
MotorTrader.com reports that the trade used car price guide Glass’s believe that the scrappage scheme announced in yesterday's Budget is unlikely to have a "significant" impact on used cars' residual values. Glass’s were countering speculation that the prices being asked for nearly-new cars would appear prohibitively high next to the price … [Read more...]
We are always looking for experienced writers who can write good original quality posts on motor-trade-insider.com.
Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written.
Copyright Motor Trade Insider © 2013
