The average value for a used car reached a record £5,891, a £197
(3.4%) year-on-year value increase, across the second quarter of
2012, according to the Pulse report from British Car Auctions

The figure indicates the highest value for a
second quarter since Pulse began reporting in 2005 despite 2012
seeing a rise in both average age and mileage.

The average value of a used car in Q2 was
slightly down on
the first quarter figure of £6,114
, also a record for

Q2 also saw the average age of used cars peak
by more than a month and a half to over 63 months.  Compared
with the same period in 2011, the average car is 2.5 months

A spokesperson for the BCA commented, despite
the results displaying growth, “there have been constraints on
supply of the best, retail quality cars and – in a competitive
remarketing environment – this is undoubtedly contributing to the
general rise in values.”

Average Quarter 2 performance 2005
– 2012, BCA

2005: £4,516

2006: £4,805

2007: £5,218

2008: £5,332

2009: £5,785

2010: £5,780

2011: £5,694

2012: £5,891