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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.

Bugatti Veyron, McLaren F1 and Mr Bean +video

Rowan Atkinson gets to play with his McLaren F1 and a Bugatti Veyron. Which is best? But much the same was said – and continues to be said – about the McLaren F1.

Ferrari plans ‘Super’ LaFerrari – quicker, lighter and MUCH more expensive

Update: Ferrari has been on the phone to say they are NOT planning a ‘Super’ LaFerrari and that the story is as a result of a misunderstanding. We did wonder, when Ferrari revealed LaFerrari – complete with stupid name – if the only way to go in the future would be a LaLa Ferrari. It seems we won’t have to wait long to find out.