Wales is the cheapest place in Britain to buy some cars, says cap hpi.
It looked at 700,000 pieces of used car data including prices, mileage and models and found a BMW 3 Series was less in Wales than anywhere else in the UK.
But it wasn’t the cheapest for a Ford Fiesta and one of the most expensive places to purchase a Nissan Qashqai or Audi A1.
Big price variations for used vehicles across the UK are revealed in a new study from automotive data experts, cap hpi.
The study shows that buyers could save over £1,600 on an Audi A1 by purchasing the vehicle in Nottingham rather than London.
Commenting on the results, Philip Nothard, retail specialist at cap hpi said, “Many factors affect the pricing of a used car from the numbers available in the market to demand in the local area. Where demand outstrips supply, we see price increases.
“There are a myriad of factors that mean different vehicles are cheaper in various parts of the country. The size of some of the variations is striking and it shows that it pays to do your homework before making a purchase.”
Wales proved to be the cheapest place to buy a 3 Series BMW. The German executive saloon is a popular used purchase, and an example in good condition, registered in 2012 and with 57,000 miles on the clock will cost an average of £14,096 in Wales, while buyers in the East Midlands will pay £15,799 for a vehicle with similar mileage.
Cardiff has the highest failure rate at 47.4% and Llandudno at 42% the best pass rate for MoT tests in Wales, according to a nationwide survey of AA members cars analysed by Automyze this month.
