Motor Industry News
My Car Check top tips for UK used car buyers in December ’15 and January ’16, including car of the month:
Audi S3 (2007 onwards)
- Seasonal value drop of 2% on all but the most popular 4x4s
- Footfall will pick up after Xmas as people hit the forecourts to escape the house
- Never pay cash, trust your gut feeling and check before you buy
“S3 - great performance and that all important aspirational Audi badge” - 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: “Our used car pick this month is the 2007 onwards model Audi S3. With great performance and that all important aspirational Audi badge, £10k should buy you a decent early example. If you can find one with full main dealer service history then all the better. 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: “December is a month of doom for many on the retail side of the used car market. Reports of drastically reduced footfall are expected and we’ve applied a seasonal value drop of 2% to all but the most popular 4x4s.
“Dealers know that as soon as Christmas is over footfall will pick up as people hit the forecourts to escape the house. There is real skill in getting the right stock mix to maximise these opportunities until business starts to settle back down in mid-January.
“4x4 values are strong and there is the usual speculation about the possibility of prolonged bad weather and a resulting sales boom for ‘snow beaters’.
“A new player set to shake things up in the SUV sector is the Mercedes-Benz GLC. It finally addresses the gaping hole in the Merc line up and will compete with the likes of X3, Q5 and Discovery Sport. In terms of the used market, there’s more than enough appetite for SUVS to accommodate another top player.”
CDL Vehicle Information Services, which owns My Car Check, performs over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Go-Compare, Moneysupermarket, Swiftcover, Tesco 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