car news headlines
Car Finance customers could pick up a cut-price bargain by shopping for a car at auction, according to one firm.
Specialist BCA said used car values are "under pressure", meaning drivers able to get a car loan could bid for a cheap vehicle.
The company said lot values for April were virtually the same as in May, suggesting there were some bargains to be had for those prepared to pick up a car at auction.
BCA spokesman Tim Naylor said: "With prices under pressure, any unsold stock will inevitably be sold at what the market will realistically pay. Private buyers could find this is an excellent time to buy at auction."
He added some auction first-timers could find the process daunting and advised drivers unfamiliar with the idea to go to several events before bidding for the first time.
BCA figures show nearly-new car values are £119 down on March, at £14,858 on average. Fleet and lease cars sold at auction are up slightly, rising by £23 on average.
The auction firm has auction sites across the UK and Europe, and also offers online sales, logistics and vehicle preparation.
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