Will the new '132' plate alter used values?
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used car values
The question
Is there any likelihood if 2012 models reducing in value when the new 132 plate is introduced?
Asked by John Coleman ยท
Expert answer
Hi John,
We don't expect the plate change to 132 have any effect on the value of 2012 cars. Very few people seem aware of the new registration system so we don't believe it will alter things this year at all. Even when it has become the norm we don't envisage a step change in values as soon as the plate changes each six months - it'll be a gradual process. The mileage and condition of a car counts for just as much.
Hope that helps
Answered by Shane O' Donoghue