October 2013 mid month movements

The used car market has been relatively stable thus far in October, despite the additional volume from part-exchanges, generated by those replacing a car with one with the latest “63” registration plate. 

Whilst stock levels at auction have increased, demand has also proved strong. One cannot escape the fact that there remains an overall shortage of used cars in the market, due to lower than average new car registrations over the last 6 years.......

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