According to a report thats just been released we will have a serious shortfall of used car stock in the coming years
. This is because of weak new company car sales during both 2008 and 2009. So, over the next few years we will see a shortage in the number of ex-fleet cars available to buy.
S0 this looks like bad news for all those looking to buy a used car over the coming year as the demand will far outweigh the availability, meaning that in turn the prices will see a significant rise and car buyers will struggle to find a bargain.
Experts have predicted that there will be a 20 percent reduction in the number of ex-fleet cars available by September 2011 and a further fall of 20 percent come March 2012 - which is a very significant fall and means there will be a much lower supply.
Now that the Scrappage Scheme is over the focus has gone onto the used car market once again. The scheme has had a big impact on this market as its meant that due to all of the used cars that have been scrapped there is already been a shortage of them. Particularly for models such as the Seat Ibiza People within the industry had predicted a fall in used car prices once the scheme came to its end as there would have been more supply once again. However, this doesnt seem too likely now
If you are looking to get a good deal on a used car it seems as though the next few months is the time to buy before the pool of used cars dries up again.