THE upcoming March new registration change is good news for used car buyers, according to vehicle auction specialist British Car Auctions.
Things may not be as busy as in previous years, but the BCA believes there will still be plenty of part-exchanged motors for the used car market.
BCA’s Tim Naylor said: “At this time of year we have a surge of fresh stock at our auctions across the UK, which means an even better range of good quality used vehicles at great prices.
“In particular, we will be getting a lot of well-maintained used cars in from fleets and leasing companies who buy new in March. So motorists will be spoilt for choice.
“They will be able to pick-up what would have been some very expensive cars at new, for a fraction of the price. Some models that cost £50,000 to £60,000 new three or four years ago will go for between £15,000 and £20,000 at auction.
“And private used car buyers don’t need to be afraid of the auction process – as long as they prepare, they could get a very good deal.”
BCA is also providing auction ‘first-timers’ with tips on how to make sure they get the best deal.
They suggest people don’t buy on their first visit, become familiar with each auction house’s terms, check the car thoroughly, ask questions and look for one-owner, direct-entered cars from fleets and leasing companies for good value and well-serviced vehicles.