No demand for 4x4s in the UK

No demand for 4x4s in the UK

Parker’s, Britain’s biggest and best-selling car price guide has gained exclusive information from trade insiders which suggests that there is currently no demand among used car buyers for petrol 4x4s. This means owners of the vehicles may be unable to change their cars as dealers steer clear of the thirsty off-roaders – particularly those with big V8 engines – and are far less likely to take them in part exchange.

Parker’s source confirmed several individual stories of customers who have been refused part exchange for their large petrol 4x4s in order to purchase a new car. And he went on to say that no matter how cheap the car, dealers are simply not accepting the gas guzzling models as they are in danger of sitting on the forecourt for months on end while the value plummets.

Kieren Puffett, Editor of Parker’s comments: “The large 4×4 market should stabilise eventually, but by the time that happens large 4x4s with petrol engines will be worth substantially less that they had been until fairly recently. In the meantime it’s hardly surprising that car dealers are nervous of accepting cars like this in part exchange.”

Unsurprising really given the price of petrol, even the American SUV market is slowing.

Parker’s, Britain’s biggest and best-selling car price guide has gained exclusive information from trade insiders which suggests that there is currently no demand among used car buyers for petrol 4x4s. This means owners of the vehicles may be unable to change their cars as dealers steer clear of the thirsty off-roaders – particularly those with big V8 engines – and are far less likely to take them in part exchange.

Parker’s source confirmed several individual stories of customers who have been refused part exchange for their large petrol 4x4s in order to purchase a new car. And he went on to say that no matter how cheap the car, dealers are simply not accepting the gas guzzling models as they are in danger of sitting on the forecourt for months on end while the value plummets.

Kieren Puffett, Editor of Parker’s comments: “The large 4×4 market should stabilise eventually, but by the time that happens large 4x4s with petrol engines will be worth substantially less that they had been until fairly recently. In the meantime it’s hardly surprising that car dealers are nervous of accepting cars like this in part exchange.”

Unsurprising really given the price of petrol, even the American SUV market is slowing.

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