Legislation is a “hard hitter” in determining residual values fleet decision-makers need to be sensitive to.
By Glass's new car editor Becca Platt
Values for used Mitsubishi Outlander PHEVs have remained strong this year, despite a dip in 2017.
Adrian Rushmore is leaving his role as editorial director at Cap HPI in September.
Fleets considering cars with advanced bi-xenon or LED headlamps need to balance the potential cost of repair against the safety and residual value benefits they bring.
Glass’s has replaced GlassMatix with a new repair estimating system, called Repair Estimate, which promises faster calculations.
The UK new car market is predicted to fall by around 3.5% next year to around 2.6 million cars, according to Glass’s.
Hybrids are likely to be a passing phase in car technology that will be surpassed by electric vehicles in a matter of a few years, predicts Glass’s.
Fleets "hanging onto" cars and vans in an attempt to achieve unrealistic and inflated valuations are causing distortions in the used car and van markets, says Glass's.
Getting car valuations right involves 9.5m observations but there is no substitute for experience.
The final print edition of Glass's Guide will come off the presses next month after 83 years of continuous publication interrupted only by the Second World War.
The UK's decision to Brexit probably won't materially start to affect the UK used car market until the fourth quarter of 2016, say Glass's.
A much larger electric vehicle charging infrastructure is one of the main developments required if electric vehicle residual values are to become competitive with petrol and diesel, says Glass's.
Rostrum representation from fleets is becoming ever more important to achieving good results at motor auctions, says Glass's.
Data provider Glass's have named the top five optional extras that for retaining residual values.
A series of promotions and new appointments have been made this week at vehicle data provider, Glass's.
Fleet News is again joining forces with Glass’s to deliver car and commercial vehicle residual value forecast data to fleet decision makers attending this year’s Company Car in Action.
The used car market is starting to reach the long-predicted tipping point into oversupply with values coming under pressure as a result, reports Glass's.
Used cars that have covered 'starship mileages' of 150,000 or more are no longer off-putting to buyers if the condition and the badge is right, reports Glass's.
David Hill has been appointed to the role of commercial vehicle editor to further strengthen the valuations team at Glass's.
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