The latest report from leading vehicle auction company, British Car Auctions (BCA) shows that used car values tumbled in the second quarter of 2008, with the BCA Index falling by nine points – the biggest fall recorded in 3½ years. Used Car Values fall in June BCA’s June figures show that average used car values fell after staging a small recovery the previous month. Average used values for fleet & lease and part-exchange cars both fell by over £200 in June, while nearly-new values fell significantly after climbing in May. The Fleet & Lease sector Average values for fleet & lease used cars again fell quite sharply from £6,428 in May to £6,189 in June, a drop of £239 in a month with similar age and mileage profiles. read more
[Tags]values, , average, fell, car, june, car auction news[/Tags]
