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Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.

Road Kill

CAR OWNERS have raised a stink after driving on a road littered with meat in upstate New York. Dozens of chunks of meat were discovered on the road in front of a shopping centre in Queensbury, about 60 miles north of Albany, the Post-Star of Glens Falls reported. Police believe the meat fell off a truck that might have been heading from a farm or slaughterhouse to a rendering plant, but no one has come forward to claim it.

Renault Megane CC (2010) Teased

Renault are teasing the 2010 Megane CC ahead of a launch at Geneva in March We’ve got used over the last few years to car makers milking the launch of every new model, update, trim change and engine mod with a few judiciously ’Arty’ teaser photos to whet the appetites of prepect buyers. Although in truth they’re really providing stories for online news. We’re always hungry for stories and car makers know that.