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4X4 demand pushes up used values in January
Monday, 08 February 2010
 4x4_used_250Wholesale values of used 4X4s shot up in January as a result of heavy snow falls across the UK, according to the two main auction houses.

Manheim said the weather helped force values up by 13.9 per cent in the fleet sector from £1,670 to £13,643. Dealer part-exchange 4x4s rose by 21.9 from £838 to £4,668 while manufacturer submitted stock increased by 12.1 per cent from £1,960 to £18,203.

Backdrop or rising values
Manheim said this was against a backdrop of average monthly wholesale prices rising by 4.5 per cent in January to £7,187. It said it expects values to remain strong in February and March before ...

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