Are main dealers trying to control depreciation?

[anonymous-user]

It seems that now 90% of people buy new cars on some form of lease/purchase plan and for those that don't buy they normally get back into the main dealer network.

I've started to notice that prices of nearly new or <3 year old mainstream performance cars seem to remain really strong at main dealers and not depreciating as much as normal

Anyone have any thoughts on this?

[jkh112]

Haven't main dealers been doing this for many years? I don't think it is anything particularly new.

[Mexman]

Good quality stock is becoming very difficult to source at the right money.
Everyone has unrealistic expectations of what there car is worth in part exchange, and prices at auctions at the moment are well into cap clean plus fees for decent retailable stock.

[jamiebae]

It's not the dealers doing it, it's the manufacturers. Stock is drip-fed into the market so the gluts of March and September registrations are spread out throughout the year when they come back at the end of a PCP. Sometimes though, there just aren't enough new models sold, with performance cars in particular there are more buyers wanting a used model than there were new ones sold so it's always a seller's market.

[daemon]

lord trumpton said:

It seems that now 90% of people buy new cars on some form of lease/purchase plan and for those that don't buy they normally get back into the main dealer network.

I've started to notice that prices of nearly new or <3 year old mainstream performance cars seem to remain really strong at main dealers and not depreciating as much as normal

Anyone have any thoughts on this?

Good quality, retailable used stock is hard to find - particularly for anything thats away from the normal flow. Dealers wont want to give the cars away either as they know they'll not be able to replace them.

Edited by daemon on Friday 5th May 23:20

[kurt535]

Any market that gets propped up eventually collapses......