Analysis
Jigsaw Finance’s Nigel Hawkins gives his observations on the PCP market
– Current market conditions are creating the demand for economic motoring from consumers. With growth in fuel prices, many consumers have looked for more economical vehicles.
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– Forecasters are saying rising average prices cannot go on forever. With the new registration plate out and manufacturers promoting cheap retail finance offers along with deposit contributions, there may be more used cars available during April, when we could see
some movement in the current trend.
– Dealers having to pre-register cars may also impact on values this year, so the average used value figures will be an interesting barometer on the state of the UK motor market.
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