6:00 am, December 2, 2010
BCA has reported that the current wintery weather is pushing used 4×4 prices up as much as 5 per cent.
The vehicle auction specialist says they have seen a rise in used 4×4 prices across their auction centres, as 4x4s stop becoming a luxury purchase but a necessary one.
BCA’s Tim Naylor said: ‘As the temperature drops, we have seen 4×4 values rise quite sharply. Values for some models climbed by around 5 per cent in November, compared to similar vehicles bought in the previous month.
‘However, even accounting for the rising prices following the early onset of winter, buyers should still be able to find a good deal on a 4×4 at auction.’
The auction firm advises buyers to buy the best specification 4×4 they can as this could help future values being maintained.
‘Nothing makes a four-wheel drive more attractive than a dusting of snow,’ said Naylor. ‘And the last few days weather has certainly stirred interest in 4x4s.’
