Passed on to me earlier in the week
interesting alternate point of view to the one expressed above.
I hope you and your family are doing well in these uncertain times. As a participant in the automotive industry you know the amount of stress that we are all facing at the moment. But I’m positive you’re also aware of the incredible persistence the industry has in the face of incredible adversity.s
We’ve been supplying used car pricing insights and behaviour to major banks for some time now. Our insights delve into how used car prices and clearance rates have moved over time, including the current COVID-19 pandemic.
An example of this is below. You can followthis linkto see a few more examples. The password is @6RzLYLJ.
As you can see our data shows prices have dropped roughly 20% overall. Our clearance rates data shows buyer activity has dropped significantly as well. Most are now cash only buyers, interested in older, higher mileage cars. This comes through in our data.
Recently we’ve had huge interest from other customers for this information. In light of this heightened interest I wanted to make sure you’re aware that this information is available.
It may be of use to you, it might not. But I wanted to make sure you were at least aware, in case you also knew of somebody else that would benefit from these insights.
If you or someone you know is active in used cars – a buyer, seller or financier – these insights can help on timing. Knowing at the right time what to buy, or sell, or finance.
We update these insights weekly. Nobody else in the market provides this, let alone provides it weekly.
We provide this tracking by different brands and VFACTS segments.
We usually charge $500 per week for these insights. But because of demand we halved the price some time ago to assist customers through this period. On top of this, given the interest recently, we decided this week we’ll provide you the first week for free through the link we provided above. Here’s thelinkagain, the password is @6RzLYLJ
If you’re interested, please reply to this email and we’ll organise your subscription. If you know someone that would be interested, happy for you to forward this onIt does cost money per search. If you’re interested then email back and I’ll try to make an arrangement work for you. Alternatively, we’ve partnered with Prices People Pay to provide a free version – try it outhere.
I hope, at the least, this info has shed some light on what’s happening in used cars. Wishing you and your family stay safe through this period.
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