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USED VALUES HOLD STEADY

THERE was no change in the value of the average used car between October and November 2010, according to new figures from BCA. November values were down £111 year-on-year and remained at £5,792 There was a slight increase in the volume of used vehicles reaching the market in November, but not enough to provoke any change. A seasonal lack of interest on the market is to blame for the lack of fluctuation as well as travel difficulties created by the cold weather, according to BCA, and the drop off in demand is likely to remain into December.

BUMPER CHOICE FOR USED CAR BUYERS

USED CAR BUYERS looking for a bargain might be pleased to hear that leading vehicle auction specialist British Car Auctions will be holding a super sale this Saturday April 9. The sale at BCA Belle Vue Manchester will have over 400 vehicles from Lex Autoloease and Black Horse Motor Finance including over 200 convertibles. “There’s no question that motorists are feeling the pinch at the moment so finding the best deal on their next used vehicle is vital,” said Tony Gannon BCA Communications Director.

Tesla ‘drops’ entry-level Model S. But was it ever going to be available?

The 40kWh version of the Tesla Model S is being dropped by Tesla in the US, but we do wonder if Tesla ever had any intention of delivering it in the first place. Tesla’s big claim ahead of the arrival of the, very impressive, Model S – and a seemingly vital part of the US taxpayer funding Tesla to develop the Model S – was that they would deliver a car that cost under $50k, something the car industry thought impossible. But when the Model S was launched, Tesla did indeed have an entry-level model available with a 4okWh battery that was listed at $58,750 (taking it almost down to the $50k mark after the US taxpayer chipped in the EV bribe) so Elon Musk could, quite reasonably, claim Tesla had delivered.