The major issue in the current used market remains low levels of supply, with no sign of this changing in the short to medium term, according to CAP.
It says that manufacturers are consistently confirming there is very little late plate stock on the way and closed or invitation-only sales are seeing “frantic” bidding.
In fact, research indicates that the clamour for stock at auction is even stronger than during the first three months of the year.
At ex-lease auctions, conversion rates have risen a further 2% to 84.8% - one of the highest figures ever recorded by CAP.
In terms of pricing movements the percentage of CAP achieved at auction is almost unchanged at 100.4%.