Happy new (used) car

I am Sorry that I haven't Blogged so far this year, I have been so busy that I haven't had a minute to spare, welcome to 2009 and to the first of many Blogs.

I have many new customers that are extremely happy with the (new) used cars that I have sold them, they have a very good reason to as well because I probably sell the best used cars at the very best value.

The super value used car deals that are available at the moment cannot continue as the interest rates are so low, that the buyers are now returning to their pre market downturn behaviour; there is likely to be another rate drop on the first Thursday of February and that will potentially start an Exodus back to the market!

The average monthly drop in used car residual value during 2008 was 3.5% or 42% annually, that was almost double that recorded in 1992 at the lowest point of the last recession.

The average 3 year old car now is worth between £1,500 and £1,700 less than it was the same time last year.

All this means that you will never be able to buy again at these prices, do not miss your chance to enjoy this bounty as when the bubble bursts the prices will go sky high!

You have been warned, don't say I didn't tell you when it happens!

I have been having a wonderful time since the new year, I have sold so many cars that I am struggling to buy new stock quickly enough to fill the spaces, as you will know I only buy top quality cars and often go 3-5 days without making a purchase.

I have some lovely cars in at the moment so please look me up if you are looking for a top replacement for your current used car.

Thanks again for looking in.

Mark Duncan

acar2go