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
The start point for the best source of fleet information |
The changing model mix of the used-car market will lead to a knock-on shift in perceptions from used buyers and therefore an eventual change in which cars are considered most valuable, according to Cap operations manager Mark Norman.
"With the rise in new registration volumes of executive models, at some point buyers will no longer see them as exclusive, although it is still some way off," said Norman.
"Automatic transmissions have also gone through a transition from just large cars to more accepted in the market."
He said the market share of auto gearboxes has gone from 12% to 20% over the past seven years, and will keep on rising.
Norman also said the market needs to change its mindset of bench-marking petrol engines as the norm and diesel above that. "People say diesel is making a premium, but in fact it is petrol that's underneath the benchmark."
Follow BusinessCar on TWITTER
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
