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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.

Porsche confirms its first diesel: the Cayenne 3.0 D (2008)

By Digby Fullam First Official Pictures 21 November 2008 10:00 Porschephiles look away now – Porsche has just confirmed it will build its first diesel. The Cayenne SUV gains derv power in 2009 and will put Porsche in the unique position of having hybrid, petrol and diesel models in the same 4x4 range.The Cayenne diesel will use a VW sourced engine. And, no, it's not the Touareg’s 5.0-litre V10.

CAR’s £1000 support for upcoming journalists – in honour of Phil Llewellin

The Phil Llewellin Student Journalist of the Year award will go to the best student writer from the motoring journalism courses at Coventry and Cardiff Universities. The winner receives £1000 and also a work experience placement at CAR magazine, whose pages were graced by Phil Llewellin’s work until his untimely death in 2005. Entries for the award, run by the Guild of Motoring Writers, must be received by 30 September, with the winner announced at the RAC Club in London on 5 December.