Improved Executive Used Car Prices May See Lease Rates Improve

Sunday, 28. February 2010

As we can see from my BMW 7 Series deal of the week, things are starting to improve at the big end of the market. In a prestige, sporting and executive auction held at British Car Auctions in Nottingham 300 dealers attended with 216 bidding online resulting in top models achieving 114% of CAP clean price (that’s trade value to you and me). The rest made 100-104% which is excellent considering the fact that last year the same cars were struggling to get to 90% of CAP clean. This has led to a little bit of optimism translating into some rather good rates on the BMW flagship. Lets hope we see a few more great deals. By Graham Hill