car news headlines
New research by British Car Auctions (BCA) has discovered that many people cannot tell the age of a car for sale.
A survey carried out by the organisation in association with honestjohn.co.uk found that when asked to identify which of four number plates was the youngest, nearly one-third of respondents answered incorrectly.
Nearly a quarter did not know that a registration number shows the age of a car, meaning they could risk losing money when purchasing a used car.
Tim Naylor, PR manager for BCA, said despite the new registration system coming into effect in 2001, many people "have not got to grips with it".
"A used car is likely to be one of the most expensive purchases many people make, so it is essential to understand the basics," Mr Naylor asserted.
This, he said, includes being able to determine the age and value of a vehicle by its registration plate when conducting a Used Car Search.
In its second-quarter report, the BCA noted that car values fell by 3.9 per cent in June – the greatest monthly fall since 1986.
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