S/H car values rising

[WR 1mposter]

http://news.bbc.co.uk/1/hi/business/8251920.stm

Was watching Quentin Wilson on bbc this morning, seem to be only in the trade at the moment, traders have a shortage of s/h cars so the prices have risen, example s/h Range Rover prices have gone up £3k+ since January in the forecourts, but private sales still seem to be low prices......until people see this.

Maybe WR1 prices will rise

[M9JOC]

Heard this on radio. My mate has just been offered trade in on Civ typeR with 70k on the clock 7500 he paid 8k for it from same garage 2 years ago and 20k miles.
Reason is the Civ is cheap to insure cheap to run and fast enough for most people.

I see it as a good thing.

[Megaman]

Yer I know my Focus ST was worth 7k in January part exchange, we got 10,500 for it last month part exchange from the same garage. Craziness, glad we held on though

[John Mc]

I bought my 306 HDi for £800 and it's now worth £8million... Nearly choked on my coffee when the sales guy told me!!

[bbigman2000]

My M5 is now worth a grand more at trade value than I paid for it back in early January 09 brilliant !

[WR 1mposter]

I bought my 306 HDi for £800 and it's now worth £8million... Nearly choked on his pen1s when the sales guy told me!!

you religuous people