Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt Epyx predicting fall in used car values later this year
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

Epyx predicting fall in used car values later this year

Date: 20 April 2015   |   Author: Daniel Puddicombe

Fleets are firming up their disposal strategies ahead of a possible fall in values later this year, according to software company Epyx.

The firm is predicting a fall in values later this year supply meet strong demand for used vehicles.

Epyx is expecting the activity to continue into next year. It is predicting that ex-lease cars going to return to the market increasing the supply.

"The feedback we are seeing from fleets is that they don't expect anything like a slump in values but that values will certainly fall," said David Goodyear, head of business development at Epyx.

"Fleets are not planning complete revisions of strategies but more of a firming up process design to offset the reductions in values that are widely expected," said Goodyear. "The current buoyancy in used car values is very much driven by a shortage in stock and, as supply improves, there will undoubtedly be a measured but irresistible slowdown."



Share


Subscribe