Fleet operators and remarketing managers face a changing used wholesale landscape as retail values experienced their first monthly dip of 2026, according to the latest market data from automotive data specialist Cazana. Average retail values at the key defleet milestone of three years fell slightly by 0.2% (c.£50) in September; however, Cazana stresses that … [Read more...]
Price war looming, says FleetCheck
A round of dramatic price cuts by Chinese manufacturers in their domestic market last weekend has raised the possibility of a similar strategy being adopted in the UK, says FleetCheck. The Financial Times is reporting that BYD has “fired a new salvo in a prolonged price war” by reducing prices of 20 different models by up to 34% with other manufacturers … [Read more...]
Makers are building the ‘wrong’ cars for ev buyers, says executive
Cheaper electric cars are urgently needed for motorists to accelerate their switch away from petrol and diesel models, says an industry financial expert. Fleets need to be able to buy electric vehicles now that used car buyers will want in four years’ time – but are being hampered by a lack of choice, FleetCheck is warning. Peter Golding, managing director … [Read more...]
Leasing companies accused of overcharging ev customers
Leasing deals for battery electric vehicles are being overpriced, new analysis by T&E of the used car market finds. In the UK, leasing offers for BEVs are on average 51% more expensive than their equivalent petrol model. Leasing an electric VW ID.3 costs approximately £605 a month, whilst the petrol Golf is offered at £376. In the UK, battery … [Read more...]
Shining a light on new golden oldies
Automotive data expert, cap hpi, has produced a shortlist of the new models that will show strong residual value performance. The company provides residual value forecasts for new vehicles up to five years in the future. Its Gold Book team looked at new models launching in 2017 and picked the ‘ones to watch’ for fleet and private buyers. Andrew … [Read more...]
