Vehicle remarketing company British Car Auctions (BCA) has predicted an improved choice of vehicles in the used car market will follow the release of 63 registration plate in September.
Forecourt stock levels have been one of the few problems for the used car market in 2013, which has seen increases in sales, year-on-year, with a sustained period of high auction prices.
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While both vehicle valuation firm CAP and the Vehicle Remarketing Association warned in May of potential market instability over prices, remarketing group Manheim reported a returning calm in the market in June.
However, BCA has said the new licence plate could improve the situation.
"Typically the September plate change brings an influx of ex-fleet cars and dealer part-exchange vehicles into the auctions, as nearly every new car sold triggers a chain of used car sales too", said Tim Naylor, editor of the BCA Used Car Market Report.
"And with the SMMT [Society of Motor Manufacturers and Traders] predicting that the new 63-registration plate is going to be hugely popular with motorists encouraged by 0% and low finance deals that should also mean more choice for used car buyers".
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By GlobalDataNaylor added: "We are expecting to see a wide range of used cars coming to auction in September across many makes and models and including everything from low mileage and nearly new cars to prestige and company cars at two to three years old. We also anticipate seeing more good value high mileage older cars."
