Motor Industry News
My Car Check top tips for UK used car buyers in July and August 2015, including car of the month: Porsche Boxster
- Used car demand has tailed off slightly due to the holiday period.
- The SUV market continues to go from strength-to-strength.
- Never pay cash, trust your gut feeling and check before you buy.
“The Porsche Boxster represents great value as a used car and many envious onlookers will think the buyer has spent a bucket load more cash than they actually have.” - Gavin Amos
My Car Check – the UK’s No.1 consumer vehicle data provider – has saved millions of people from making an expensive used car mistake. In these monthly bulletins its used car experts reveal significant trends in the UK market and choose a ‘car of the month’.
Head of Valuation Services at My Car Check, Gavin Amos, said: “The Porsche Boxster represents great value as a used car and many envious onlookers will think the buyer has spent a bucket load more cash than they actually have. Even at around ten years old, the ageing second generation 987 variants still look fresh today. Boxster offers an exhilarating drive no matter which engine you choose and the chassis is nothing short of superb. When it comes to negotiating, remember, as well as revealing a car’s history, My Car Check also provides vehicle valuations – a great tool for haggling with dealers or private sellers.”
As to market trends, Amos said: “July brings little change to the used car market. Although demand has tailed off slightly due to the holiday period, used values remain relatively stable. Only older vehicles, in particular those with higher than average mileage, have seen reductions this month, mostly just 1-2%.
“With the downsizing trend continuing, Corsa, Fiesta and the Korean competition are thriving.
“The SUV market continues to go from strength-to-strength and every manufacturer wants a piece of the action. Nearly all are either already selling, or in the process of unveiling, new variants. Renault are entering the fold with new Kadjar, Suzuki have the new Vitara and Seat are about to launch a new A-SUV model. These will create an even more congested sector with consumers spoilt for choice.
“During the holiday season we historically experience a plateau in enquiry levels, allowing dealers to focus on new registration orders for delivery in September.”
My Car Check’s parent company, CDL Vehicle Information Services, perform over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Confused.com, Go-Compare, Moneysupermarket, Swiftcover, Tesco Compare and WhatCar?.
It uses up-to-the-minute data from the police, the Driver and Vehicle Licensing Agency (DVLA), the Association of British Insurers (ABI) and all major finance houses, including Lloyds TSB and Santander.
To help UK consumers make the right choice, My Car Check can confirm in seconds whether your potential pride and joy has ever been scrapped, stolen or written-off, has any money owing on it, has had a plate or colour change and much more.
Know what you’re getting into: My Car Check