Volkswagen emissions scandal: used values drop 3%

Friday, November 25th, 2016 - autos, cars, motoring, news

Source : Volkswagen emissions scandal: used values drop 3%

The emissions scandal has caused trade values of used VW diesels to drop

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The trade value of used Volkswagen diesel cars has fallen 3% since details of the emissions scandal surfaced.

Glass’s Guide, the motor trade valuation publication, has revealed which in September values on the used market as a whole increased by 2.1%. However, values of used Volkswagens are the same as they were at the start of the month, so, in essence, are 2.1% down.

the item’s worse when you look at diesel designs. Overall, the trade values of diesel cars are up 2.8% on last month, although the trade values of used Volkswagen diesels are down 0.2%, so they are 3% behind the rest of the used market.

Glass’s head of valuations, Rupert Pontin, has stated which the item’s clear which the values of Volkswagens are lower than expected in addition to which they will likely continue to be affected by how the company deals with the problem.

Volkswagen has revealed which more than 500,000 of its cars are being recalled from the UK in addition to nearly 400,000 Audis, 77,000 Seats in addition to 132,000 Skodas.

Read more on the Volkswagen emissions scandal:

Muller announced as brand-new VW Group CEO

How the Volkswagen story unfolded

Reports suggest VW was warned of illegal software ‘years ago’

How VW’s ‘defeat device’ works

Top VW bosses to leave

Prosecutors to investigate Martin Winterkorn

PSA Peugeot Citroën leads calls for tougher emissions test procedures

Your key questions answered

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Blog – the item’s time for firm action from the wake of the VW emissions scandal

Blog – what actually happens in an official economy test

Blog – the item’s time VW commenced talking to its customers

Blog – thinking about buying a VW diesel? Carry on regardless

Blog – the VW Scandal in addition to the growing dangers of its ripple effect

Blog – VW’s scandal has put the entire motor industry under pressure

Blog – Winterkorn pays a high cost

Blog – the emissions scandal could sink Volkswagen’s US ambitions

Blog – are we about to see the death of diesel?

Blog – VW’s US boss faces the music

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