The onset of winter and is predicted to cause 4X4 values to rise, according to vehicle remarketer British Car Auctions (BCA).
The average price of a 4X4 in October was £13,864, 7.3% above September’s values, and up £841 year-on-year.
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BCA previously reported a 2.38% month-on-month increase in October across the market.
As 2012’s average value for used 4x4s peaked at almost £15,000, BCA has estimated prices could rise above this threshold if weather reports prove accurate.
Editor of the BCA Used Car market Report Tim Naylor noted: "Despite the fact that temperatures were unseasonably warm in October we’ve already seen prices creeping up as demand increases."
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By GlobalData
