According to Motor Trade industry figures - the value of used cars in comparison to the same month last year has fallen by 3%. This is the first time a fall in values has occurred this year.
Their are variations in these values, with small cars seeing the most dramatic drop in values. However despite heavier taxation and increased fuel costs, four wheel drive vehicles have seen an increase of over 10%.
The overall drop in values is an opportunity for a bargain when purchasing vehicles for both consumers and traders. Similarly with iQuote Insurance you could benefit from a bargain on your Traders Insurance when you get a quote online.
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