Audi, Mini and lower-emission and lower-tax cars are performing well at auction, according to G3 Remarketing.
The vehicle auction firm, which last month introduced an online bidding platform, said Audi models with specifications beyond standard were reaching up to 118% of CAP values. Mini models were also doing well, achieving 117% of CAP values.
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Similar to findings from Autorola, the penetration of diesel in the auction market has diminished of late, which G3 attributes to less diesel cars entering the fleet market three to four years ago, although residual values remain strong for diesels.
Lower emission and lower tax models performing well include the Peugeot 107 and Citroën C1 and DS3, all achieving in excess of 110% CAP.
Further comment and statistics from G3 Remarketing will be published in the April issue of Motor Finance magazine.
richard.brown@timetric.com
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