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USED CAR PRICES FIRMER THAN IN SUMMER

USED CAR prices were firmer across most sectors between September and November than the previous 3 months, according to the used car pricing experts, CAP. The CAP Used Car Price Index also reveals an increase in values for 4x4s over the period while convertibles are hitting the doldrums. A reduction in the number of used cars available overall, at the benchmark 3 year old point, is helping to keep prices relatively stable in most cases.

Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.

Infiniti Emerg-E concept

Infiniti's third recent concept car, the Emerg-E, will debut at the Geneva motor show next week. Following the Essence of 2009 and last year's Etherea, the Emerg-E is the brand's first mid-engined car design. While the proportions of all three cars are very different (thanks to the Essence's front-engine, rear-wheel drive layout and the front-engined, front-wheel drive Etherea), their form language is shared.