All Press Releases for January 26, 2011

iQuote Motor Trade Insurance: Motor Trade Reports Used 4x4 Values Rising Fast

Reports from the Motor Trade indicate that despite record fuel prices in the UK, the 4x4 market in used vehicles continues to rise, with SUVs outperforming every other sector.



    KENT, ENGLAND, January 26, 2011 /24-7PressRelease/ -- Car dealers are currently trying to satisfy demand within the used car sector for 4x4s. This is largely due to the poor weather conditions and potential for further extreme weather. The increase in demand and prices for SUVs continues unabated despite the increase in fuel prices to record levels.

At the beginning of 2011, 4x4 prices were increasingly faster than other sector of the used vehicle market. The fuel prices are having a limited impact in this area, because Diesel vehicles are outperforming their Petrol counterparts with the highest prices.

Should there be a further spell of bad weather the demand is expected to peak even further than current levels. Therefore dealers are finding it increasingly hard to satisfy customer demand for 4x4's despite increased fuel costs.

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Website: http://www.iquotemotortradeinsurance.co.uk

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Mark Ransom
iQuote Insurance
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