Car values when registration plates change...

[RS03]

Hi guys

When the new reg (11) comes out on March 1st, will the values of second hand cars (more than 3 years old) change at all?

I am looking to buy a car asap, however should I wait until March 1st? Will there be a significant price difference when the new reg is released?


Thanks

[RS03]

BTW, the car is around £9000. If that makes any difference.

[va1o]

I've been pondering the same thing. In theory prices will fall, but by how much is anyone's guess. I'm planning to hit the auctions first week of March.

[Petrol Eddie]

Cars are written down by the motor trade every month, a car worth 9k dependant on what it is probably comes down in value by £150-£200 a month. The change of reg makes no real difference on values of lets say a 57 plate car. If you're looking at a specific car I wouldn't wait for the 1st March in the hope values will fall. Speak to the seller and secure a good deal now as Feb is typically a slow month in the trade.