Monday, 21. June 2010
If you see a car you like, now is not a good time to wait to see if the rate improves. With some Audi’s now having a delivery lead time quoted at 26 weeks there is far from an over supply out there. It now seems that the ‘bible’ used by leasing companies to predict future car values, CAP, may be as much as 10% adrift in its valuations which is likely to lead to some re-alignment of rates quoted by the leasing companies. Read more »
Monday, 19. April 2010
As we know, we tend to follow behind America, whether it’s the weather, release of new technology, a recession, an economic recovery and so on. So I was pleased to read in the Wall Street Journal that the leasing industry is just taking off big style in the US with (surprisingly) Toyota leading the way with Honda following up offering incredible deals to move new cars with rates dropping lower than they were at the Read more »
Saturday, 3. April 2010
According to reports by trade valuation guides, Glass’s Guide and CAP, the setting of residual values will become more difficult this year due to future uncertainties. Last year values increased as a result of the scrappage scheme, which removed cars from the system, fewer new cars were registered and more lease cars had their leases extended forcing up used car values in the middle of a recession because supply fell Read more »