Bigger high-specification models saw strong prices, boosted by continued export demand. Among the desirable of ‘executive’ models, were BMW 5 Series, Audi A6 and A8 models and some Jaguars which all saw price rises. Audi A4 with spec is going very well and achieving at times in excess of 118% of CAP values.
Small engine cars performed well in May, hitting as much as 104% against CAP for such as the Hyundai i10 and Peugeot 107. Small cars are continuing to hold their value as consumer demand continues to increase for smaller, more fuel efficient lower tax vehicles. Remaining relatively strong and averaging in excess of 117% of CAP is the Mini brand product.
Companies taking the opportunity to refurbish cars are experiencing a greater return on investment. Last month those who did saw that an average spend of £175 on smart repair was rewarded by a rise of above average sale values by as much as £600.