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Date: 17 February 2021 Â Â |Â Â Author: Jack Carfrae
Jack Carfrae asks how the used car market is treating the two major fuel types and how they stack up against hybrid and plug-in cars second-hand.
You could be forgiven for thinking that diesel has had its day. It made up 16% of new car sales in 2020 - a far cry from 2015, when it was level pegging with petrol with just under half the market, and the early 2010s, when it had even more than that. Â
According to Cap HPI, diesels accounted for 47% of used car transactions in 2020, so they are clearly far more popular second-hand than they are new. A big part of that is just the mix of available vehicles - whatever sold well in the past will always linger - but it is also because used car buyers, at least for now, are content with diesels.Â
Date: 12 February 2021 Â Â |Â Â Author: Sean Keywood
Used car values were up in January despite the UK re-imposing Covid-19 lockdown measures, according to auction firm BCA.
It says the average sale price during the month, of £8,464, is the third highest seen since the start of the pandemic, and £154 up on December.
BCA COO for UK remarketing Stuart Pearson said: While it hasn t been the January that most in the industry would have hoped for, performance has been solid across most sectors and BCA has seen record numbers of buyers joining our online sales. We ve seen particularly strength in the dealer part-exchange and Top Car sectors, which echoes back to the buying trends we reported on during the first lockdown.  However, the difference in the current lockdown is the sheer volume of buyers who are trading safely and in line with government legislation. Â
The remarketing industry is increasingly refurbishing ex-fleet cars to match quantifiable NAMA-approved levels of condition.
There is a spectrum to refurbishing used cars. At one end are those who hand over the keys to something utterly pristine that, as we have often discussed in these pages, will more than likely fly through auction with no shortage of bids.Â
At the other are owners or lessors who just want shot of the thing - never mind the state of it. That was fine during summer, when demand for used cars was such that even old, ropey ones were going for serious money - not so much when the market is anything but strong.Â
Preview
West Ham United continue their quest for a fourth Emirates FA Cup triumph with a fifth-round tie at Manchester United on Tuesday evening.
The Hammers travel to Old Trafford seeking a place in the last eight, having won 1-0 at National League Stockport County and 4-0 at home to EFL League One Doncaster Rovers in the previous two rounds.
Those two victories have come amid a run of one defeat in the last eleven matches for David Moyes side, who have won seven and drawn three and also currently sit sixth in the Premier League.
The Red Devils, meanwhile, are at home for the third round in succession, having defeated Championship Watford 1-0 and Premier League rivals Liverpool 3-2 to reach this stage.