VAUXHALL Vectra residuals are proving the ice-calm glacier of the used car market according to CAP Black Book. The slow-moving easing of Vectra values is also helping residuals for the whole of the Vauxhall range stay firm.
The Vectra experience is in stark contrast to the situation that engulfed Ford's Mondeo two years ago when the first flood of cars hit the market and the Mondeo bubble burst virtually overnight sending prices through the floor.
Black Book editor Mark Norman said: 'Vauxhall has carefully controlled both the supply and the disposal of Vectra, leading to a gradual reduction in prices. Generally we have been seeing a fall of about £200 a month over a six-month period.' CAP is reporting a similar story across the rest of the Vauxhall range, with Corsa prices 'holding well', new Astra values 'firmer', Omega 'prices up' and Frontera 'values up a touch'.
Login to comment
Comments
No comments have been made yet.