subject: Dont Get Your Finger Burnt Buying A Used Car [print this page] With the scrappage scheme now well and truly over car buyers have once again turned to buying used cars, the scrappage scheme meant dealers had a back log of used cars that people were not interested in as they did not qualify for the Government backed scrappage scheme discount.
2010 Q2 used cars sales figures show year on year the used car market is down by 0.7% compared to 2009 but this is the smallest annual drop in sales for two years. Consumers interest in small economical cars was evident in the fall in sales of upper medium segment vehicles as well as sports cars. The upper medium segment was down by 5.8% while the sports car segment was down by 2.3%.
The small and supermini segment of the market bucked the trend; they were up 7.7% and 2.9% respectively. The supermini segment consists of the Ford Fiesta and Vauxhall Corsa, the small or mini segment includes the Daewoo Matiz and Smart ForTwo.
The RMI Director Sue Robinson mentioned, Whilst the after affects of the scrappage scheme have made it tough for new car dealers, sales of used cars fell by only 0.7 per cent this quarter compared to the same period last year, which, considering the current economic climate, is really encouraging,
Ford Direct, the Ford backed used car arm is a good example of manufacturers adding their backing to used cars to help franchise dealers shift stock. All Ford Direct cars are prepared to stringent Ford safety and quality standards, as well as being inspected and approved by the RAC. Every vehicle comes with a two year unlimited mileage warranty and two years Ford Assistance roadside recovery.
To avoid getting your fingers burnt it may be a wise idea to choose a used car that is backed by a manufacturer.
