New data published by CAP Automotive as part of its Black Book Live update for September has revealed an ongoing strength in used car values across the UK.

According to the body's figures, pressure on nearly-new vehicle prices has been growing over recent months due to a lack of stock in this segment of the market and this is leading to dealers purchasing models they might have in the past overlooked.

Furthermore, a major upturn in incentives for new car purchases has caused a shift in buyer attitudes and this is filtering through to dealers now accepting vehicles of lower value in part-exchange for their stock.

Senior editor of Black Book Live Derren Martin commented: "All of this is the result of low volume in the market coupled with strong demand. Notably there has also been little impact on late plate cars from the now seemingly normal strong new car incentives on offer."

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