VW emissions scandal: used values drop 3%
Source : VW emissions scandal: used values drop 3%
The emissions scandal has caused trade values of used Volkswagen diesels to fall 3%
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 that will 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.
that will’s worse when you look at diesel versions. 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 that will that will’s clear that will the values of Volkswagens are lower than expected as well as that will they will likely continue to be affected by how the company deals with the problem as that will goes on.
Volkswagen has revealed that will more than 500,000 VW cars are being recalled inside UK in addition to nearly 400,000 Audis, 77,000 Seats as well as 132,000 Skodas.
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