7:41 am, August 28, 2022
Cap HPI’s Derren Martin joined the team for this week’s Car Dealer Podcast.
The valuations expert chatted about August used car prices before taking part in the weekly podcast competition.
Martin, who had spoken earlier to Car Dealer Live in-depth about August used car values – which you can watch by clicking here – gave the headline figures for the month which included a 0.3 per cent drop in values.
‘Values of younger used cars (nearly-new) have gone up slightly while older used cars (10 years) have dropped – August was a flat-is market and plateaued like we have seen for the last few months.’
Martin added: ‘Electric vehicles, plug-in hybrids and hybrids performed well, while petrols and diesels came under some pressure.’
He joined Car Dealer’s Jon Reay and James Batchelor to also chat about the best stories over the past seven days.
You can hear more of what Martin had to say by listening to the podcast below or on Spotify and Apple Podcasts, and for a more in-depth look at how used car values performed in August you can watch our video here.
Find out more about all of the stories mentioned on this week’s Car Dealer Podcast by clicking below:
- Rising cost of cheaper electric cars ‘could put them out of reach of buyers’
- MG taking axe to dealer network with smaller showrooms in firing line
- Renault and Stellantis confirm return to normal output at plants, easing fears over new car production
- New Reg Day loses its appeal among car buyers, according to poll
- The used cars that have dropped the most in value in the last year
- Toyota ad banned after regulator rules it ‘condoned and encouraged’ irresponsible driving
- Hackers target dealer group Holdcroft in major cyber attack that may have compromised employees’ data
- Time is running out – Get your Car Dealer Power 2022 votes in NOW!
Each week on the Car Dealer Podcast, two of the team go head to head choosing their favourite stories of the week and an industry guest decides which was best.
