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Diesel car price increases outperform petrol cars in OctoberBack

dieselDiesel cars outperformed petrol cars at auction in October, according to remarketing specialist Manheim. It said the average selling prices of used diesel cars rose by 2.1%, compared to an increase of just below 1% for used petrol cars.

Michael Buxton, CEO of Manheim UK, said there was still “significant demand” for diesel at auction and this was reflected in rising values.

“Fuel economy is frequently cited as one of the top considerations for car buyers, and our latest data indicates that there is still significant demand for diesel cars, which tend to emit less CO2 than equivalent petrol models and deliver greater fuel economy.”

Separately, figures compiled by Automotive Industry Data found that diesel sales accounted for 51.6% of the Western Europe market in October, compared to 53.3% in October last year.

Diesel sales in France, however, were badly hit with market share plummeting eight percentage points to 54.3% over the 12-month period.

Source: Motor Trader

Posted by Sue Robinson on 27/11/2015