VW emissions scandal: used values drop 3%

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

Source : VW emissions scandal: used values drop 3%

The emissions scandal has caused trade values of used Volkswagen diesels to fall 3%

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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 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.

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

BMW – why the X5 complied with independent US emissions test

Blog – that will’s time for firm action inside wake of the VW emissions scandal

Blog – what definitely happens in an official economy test

Blog – that will’s time VW began talking to its customers

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

Blog – the VW Scandal as well as 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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