Motor Industry News
Used diesel cars in demand and 126cc-650cc bike sales soar
- Used car of the month: Kia Cee’d (2015-)
- Used bike of the month: Triumph Tiger 800 XR (2015-)
Mycarcheck.com’s valuation experts reveal significant trends in the UK used vehicle market and choose a car and bike of the month.
Valuation services team manager at mycarcheck.com, Jon Wheeler, said: “If you’re in the market for a family hatch that’s practical, affordable and well equipped, you should certainly consider the Kia Cee’d. Boasting strong residual values, good standard equipment and Kia’s 7-year warranty, the Cee’d stacks up as a good used buy. The model walk is easy to understand, starting with the Cee’d 1 and going up to the Cee’d 4. Then there’s the range topping GT-Line. Our pick for lower mileage users would be the 1.0 T-GDI petrol engine. Higher mileage users may well find the 1.6 CRDI diesel unit a better choice – it is refined, delivers good performance and should return over 70mpg.”
As to market trends, Wheeler said: “New car registrations have continued to fall compared to last year, with the private sector taking the worst hit throughout March. This has also put pressure on dealer networks as good used stock is challenging to get hold of. Demand remains high across the used arena, but with this comes strengthening prices. Notably, despite the drop in new sales, diesel is still a staple used choice.”
On the motorbike, scooter and moped sector, mycarcheck.com’s Stuart Wilson said: “If you’re in the market for a comfortable, reliable and well-equipped tourer, the Triumph Tiger 800 XR is an attractive option. With ABS, cruise control, adjustable seat and screen, gear mechanics from the Daytona 675R and a 19-litre tank (enabling you to rack up 270 miles between pit stops), you get a lot of bike for your money. Expect to pay £7,000 for an average mileage example and, as always, check the history before you buy.”
As to market trends, Wilson said: “Spring has finally sprung and will hopefully spark some significant movements in the two-wheel market. Overall, motorcycle registrations are 7.3% up and scooter registrations are 0.5% up compared to last year. The 126cc-650cc sector has more than weathered the extended winter, with registrations up 21.4%. On the face of it, the 30.9% drop in moped registrations looks bad, but the influx of preregistered 50cc Euro3 examples in late 2017 had a massive impact. Over the next month, some good quality machines returning from PCP deals should provide a welcome further boost.”
With information from the police, DVLA, insurers and finance houses, My Car Check holds comprehensive data on every vehicle on UK roads – things that buyers should be aware of before making an offer.