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Used car market 'stabilising'
Apr 30 2009The UK used car market is showing signs of stabilising after two months of record rises, it has been claimed.
Benchmark trade guide to used car pricing, CAP Black Book has announced April used car prices were showing stability, although dealerships and dealer groups continued to bemoan stock levels in the region of 30 per cent to 50 per cent lower than they would prefer.
Demand for used cars has surged over recent months and pushed the price of used cars higher, following a slump during much of 2008.
The record rises mean prices are now back on track and in the region seen at the start of 2008, before the slowdown hit the market.
Many people are choosing to purchase used cars instead of splashing out on brand new vehicles during the current recession.
The downturn has also put a squeeze on supply in the used car market, as drivers have been holding onto their cars for longer instead of upgrading to new models. 
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More low Emission Zones for UK
Created Feb 7 2012
If you are adamant that your next car finance deal will be for a “green” car, here is good news: the United Kingdom could soon become one huge Low Emission Zone, according to at least one transport guru.
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Running Costs of Electric Trucks Lower Than That of Diesel
Created Feb 4 2012
The Centre for Transportation and Logistics has just completed a new study during which it was found that electric commercial vehicles could be 9% to 12% cheaper to run than their diesel counterparts.
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London far From Becoming Electric car Capital of Europe
Created Feb 3 2012
The reluctance of British motorists to sign up for car loan deals on electric cars means only one thing: London is very far away indeed from its target to become the electric car capital of Europe.
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Those Awful Female Parkers
Created Feb 3 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
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Huge Increase in Speeding Fines on the Way
Created Feb 2 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
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Toyota Hits Landmark 400,000 With Hybrid Car Sales
Created Feb 2 2012
In a recent landmark for low carbon vehicles, Toyota managed to surpass the 400,000 level with sales of its hybrid cars in Europe.
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Those Awful Female Parkers
Created Feb 2 2012
When you signed up for your first car loan deal, your father might well have warned you against the terrible female parkers that you will come into contact with during the course of your driving career – and told you how to deal with them.
More from Motoring News
Huge Increase in Speeding Fines on the Way
Created Feb 1 2012
If it wasn't for cheap car loans, many cash-strapped motorists would find it nearly impossible to keep their vehicles on the road.
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Older Cars are Cheaper to Repair
Created Jan 31 2012
When you sign up for a car finance deal on a new car, you can be sure it is going to be more reliable than the one you traded in.
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Demand for Volt Expected to Exceed Supply
Created Jan 31 2012
While over in the U.
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