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CAP steps out of the shadows to open the window on car trade ‘inside information’

FEBRUARY 13 2013 – FOR IMMEDIATE RELEASEA UNIQUE window onto ‘inside information’ from the motor trade has been opened up to motorists for the first time by CAP Automotive, the car information experts. It signals a move by CAP to bring good motor dealers together with better-informed motorists to build trust and ultimately smooth the car-buying process for both sides. And CAP’s expert editors – who research the car and van trade every day – have joined the world of social media as the business steps out of the shadows after 34 years of operating effectively behind the scenes in the UK

How choosing the right colour car can help keep motorists out of the red

JUNE 29 2012 – FOR IMMEDIATE RELEASEWHITE cars hold their value best, while greens and maroons are the kiss of death in terms of depreciation according to CAP, the used car pricing experts. In a study comparing secondhand values to new prices, CAP found that white cars typically hold around 5% more of their value than the market average for a typical used car. The trend marks a complete turnaround from the days when dealers used the name ’60 day white’ to reflect the tendency of white cars to outstay their welcome on the forecourt. But blue cars still languish below market average

“Stratospheric” rise in small car list prices challenges motorists and dealers alike, says CAP

MAY 2012 – FOR IMMEDIATE RELEASERELENTLESSLY RISING new small car list prices are taking a toll on the pockets of motorists and dealers alike, according to CAP – the car pricing experts. Since April 2009 average list prices in the most popular sector for private car buyers - the ‘Supermini’ type – rose 41% from £11,874 to £16,582 in April this year. Although this figure has been inflated by the introduction of some more luxurious and expensive Supermini offerings from the likes of Audi, the underlying theme is still one of big price rises. This means the average headline cost to

CAP probes link between the great British weather and used car values

MAY 2012 – FOR IMMEDIATE RELEASEDOES THE WEATHER affect the value of your car? According to Chris Crow, Chief Editor at car pricing experts CAP, the answer may be ‘yes’. Crow’s analysis of used car values suggests that the better the weather, the higher prices are in the used car trade market. Writing in leading trade journal AM magazine, Crow reports that it is not only convertibles that shine when the sun is out – the rest of the market does too. Crow analysed used car values for two years in which the economic circumstances were similar but which saw very different total hours

Rise in supply takes the edge off used car prices, says CAP

MAY 2012 - FOR IMMEDIATE RELEASEINCREASED supply of used cars has taken the edge off used car prices in the trade, according to CAP. It means some of the pressure has eased for dealers who were frustrated over the level of competition for trade stock forcing prices up during the early part of the year. At the heart of the change in market conditions has been the influx of part-exchange cars into franchise dealers due to the March plate change. With those dealers now focused on retailing their part-exchanges, competition to acquire stock in the open market has reduced and this has led

CAP launches Black Book Live - real time access to dynamic used car trade values

MAY 1 2012 – FOR IMMEDIATE RELEASECAP HAS LAUNCHED Black Book Live, the first fully researched independent used car valuation system to publish trade price changes as soon as they are identified. Black Book Live solves the problem of uncertainty around changes in vehicle values between the publication dates of a ‘traditional’ monthly price guide. CAP believes this will enable Black Book Live users to be more confident in their trading decisions on a day to day basis and remove the ‘wait and see’ caution that can emerge several days before publication of a monthly guide. It will

Dealers squeezed between rising  values and volume reductions

February 2012 – for immediate releaseRISING used car trade values will increase the squeeze on dealer profitability in February and beyond, according to the independent benchmark used car pricing guide CAP Black Book. Healthy dealer margins will be threatened by an anticipated reduction in stock availability, increasingly forcing them to buy cars requiring more investment in refurbishing to retail standard, warns CAP. Despite slow retail sales, due to low consumer confidence, dealers are already being forced to pay higher prices for many cars in anticipation of an approaching shortage

The CAP Used Car of the Year Award 2011

Nissan Qashqai named as CAP Used Car of the Year 2011 December 21 – for immediate releaseThe Nissan Qashqai has been voted ‘Used Car of the Year’ for the 2nd year running by CAP – the UK’s independent benchmark used car pricing experts. A panel of judges comprising of used car market and vehicle valuation experts at CAP chose the Qashqai from a shortlist of 6 models. Points were awarded by the judging panel based on CAP’s criteria of excellence in the following areas; · Affordability and practicality of ownership · Trusted reputation · Retail popularity · Innovative

Used car values end the year with smaller falls than usual for December, reports CAP Black Book

December 2011 - for immediate release THE AVERAGE REDUCTION in used car trade values of 1.8% reported in the December edition of benchmark price guide Black Book was smaller than the historical ‘norm’, according to CAP. The unusual stability in used car prices at a time when larger falls are typically recorded reflects a continuing delicate balance between supply and demand in what is still an essentially fragile market. On the demand side of the equation dealers are consistently reporting difficulty in finding cars of sufficient quality for retail, which has forced many to pay

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