Latest sales figures from British Car Auctions (BCA) confirm that as temperatures plummet, demand for used 4x4s rockets, driving up prices into the bargain.
‘4x4 prices have risen steadily since the autumn. By December and January, when the snow arrived, values were peaking’, says Tim Naylor, in the BCA Used Car Market Report.
BCA’s research also shows that you can expect to pay an average premium of around £650, if you buy during the winter months, compared to summer prices, especially if the weather is particularly bad. It seems that when owners of non-4WD cars are confronted with slippery, snowy conditions, they immediately start shopping for a 4x4.
The lesson for LRO readers is to buy during the summer months, when demand is lower. But, if you are planning on selling, do it during a really frezzing spell of winter weather.
Search for used Land Rovers here.