1:42 pm, June 14, 2011
CAP has given an update report on the condition of the used car market in June in the form of a video.
It’s the second video from the firm which outlines the state of the UK’s used car market – their first video reported on April’s market.
In the video, CAP Black Book’s editor, Tim Bearder, says: ‘There is still a decline in the market, but not as bad as we saw last month.’ May’s Black Book reduction was 4.6 per cent, whereas June reported a 3.8 per cent.
June is above a ‘normal’ seasonal decline of 2.6 per cent, and Bearder added that the market will not return to ‘the days of 2008’.
