Motor Industry News
My Car Check top tips for UK used car buyers in November and December 2015, including car of the month: Volvo V60
- Most used values reduced by 2-3% for November, except 4x4s
- Pre-registered and ex-demo cars can be worth a cheeky offer
- Never pay cash, trust your gut feeling and check before you buy
“The Volvo V60 does everything asked of a sporty family estate” - 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: “Overlooked by many used buyers, the Volvo V60 is a very good car, which does everything asked of a sporty family estate. It quietly excels with typical Volvo efficiency and positivity. Our advice is to test drive one and then sit back and consider how good it is. As always, check to make sure the one you’re looking at is what it claims to be – for instance, that it is clear of finance – especially when buying privately.”
As to market trends, Amos said: “The clocks going back usually marks the start of a steady decline in used car sales in the run up to Christmas. Especially compared to the artificial spike caused by September’s new registration plate, activity really dwindles during October. We have reduced most car values by 2-3% for November, with only super strong performers, such as Land Rover Evoque and Audi Q5, holding their ground.
“Unlike virtually all other sectors, 4x4 values always strengthen through autumn and over the winter period. Main dealer forecourts look noticeably more crowded with clean 4x4 stock, up to 8 or 9 years old. We recently saw one main dealer offering a mint condition 57 plate Range Rover. Properly prepared, with warranty for peace of mind, such vehicles are great news for used buyers on a limited budget. At the nearly new end of the market, pre-reg and ex-demo cars can be worth a cheeky offer.”