Used car values continue to rise in the used car market according to the latest Pulse report from British Car Auctions (BCA) as average values reached a new high in December 2013. With new car sales for December reported by the SMMT today also showing continued growth, BCA’s data reveals that used cars averaged £7,573 across the board, a month-on-month rise of £84 (1.1%) compared to November.
Year-on-year, December 2013 was ahead by £212 or 2.8%. Average mileage and age both rose slightly over the month as BCA sold a higher percentage of dealer part-exchange vehicles.
