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Are used car prices about to spiral down?
Thu, 04 Apr 2013CAP – 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.
BMW M5 2011 (F10) at Nurburgring +video
Fri, 09 Oct 2009The 2011 BMW M5 caught on video near the Nurburgring Wonderful power plant though the V10 is, in these economy and emissions conscience times it is a pragmatic move by BMW to use the 4.4 litre V8 already seen in the X5M and X6M in the next generation M5. It seems almost certain if you watch this video – especially at around 3:15 where you can hear the turbos quite clearly – that forced induction is the route BMW are taking. But it seems likely that the M5 will get a few more horses than others in the BMW range using the same powerplant.
Mercedes CLA & GLA will sell 60,000 a year in the USA
Mon, 07 Oct 2013Mercedes are aiming to sell 30k CLAs in the US every year It’s not all that long since the only Mercedes car US car buyers actually took seriously was the Mercedes S-Class. But times have changed and the rise in fuel prices and the collapse of the US car market has seen US car buyers looking at more ‘compact’ cars as appealing buys. Which explains why smaller cars have suddenly become an appealing ‘must have’ for car makers selling in the US, even ‘premium’ car makers.