The overall average selling price of part
exchange vehicles at dealerships was £2,456 in April, down £1 from
March, and up 0.78%, year-on-year, according to Manheim Market
Analysis.
Manheim also put the average age for part
exchange vehicles at 98 months for April, down by a month from the
average in March, with an average mileage of 75,007, down just
0.81%.
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Average wholesale values were up 3.7% (£265)
compared to March and 6.9% (£482), year-on-year. Both average
retail and wholesale values were at their highest for the past
12-months.
By segment, Manheim report average gains of 2%
for small hatchbacks, currently worth an average of £2,068, and
9.9% for compact executives, worth an average of £3,449. Superminis
fell 2.3% to an average value of £1,627 and large family cars fell
7.6%, worth an average of £1,807.
richard.brown@vrlfinancialnews.com
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