Editorials Archives | Page 5 of 67 | cap hpi

Commercial Overview March 2026

At 17,562, January 2026 new LCV registrations were down by 1,488 (-7.8%) compared to 2025. They have not been this low since 2008, when the world was hit by the worst global recession since the 1930s. You may recall that the recession was triggered in 2007 by the collapse of Lehman Brothers in the US which led to the freezing of global credit markets. This hit new LCV sales because buyers were unable to obtain the finance needed to purchase them. The current slump in new LCV registrations is largely the result of ongoing economic uncertainty, which continues to affect business confidence. Many fleet operators remain cautious, delaying investment in new vehicles unless it’s absolutely necessary. The latest outlook for 2026 forecasts 321,000 new LCV registrations, an increase of 1.9% compared with 2025. However, as we saw throughout 2025, forecasts are frequently revised as market conditions change. CLICK HERE to read the full article.

Car Market Overview March 26

This monthly overview provides an update on the latest developments in the UK new and used car markets. It includes new car registration figures up to the end of January 2025, along with current insights into used car activity. All information is accurate as of 24th February 2025. New car sales January saw a positive start to the year for the UK’s new car sector, with registrations rising by 3.4% over the same month in 2025, to a total of 144,127 vehicles. According to the Society of Motor Manufacturers and Traders (SMMT), this marks the strongest opening month for the market since before the pandemic in 2020. CLICK HERE to read the full article.

Future Light Commercial Vehicle Overview – New Commercials February 2026

This is the cap guide to future residual values for light commercial vehicles. Individual forecasts are provided in pounds and percentage of list price for periods of twelve to sixty months with mileage calculations up to 200,000. Vehicle Condition Parameters All prices in LCV Future Residual Values relate to disposal values for models in cap Average Condition – complying with most of the following requirements: • In a reasonable condition given its age and mileage. • Requires some work other than routine cleaning and servicing to bring it up to retail standard. • Mechanically sound. • Current MOT test certificate or needs only routine wear and tear item replacements to obtain one. • May require some repainting but not major body repair. • Vans and pick-ups to be fitted with a full substantial lining from new. • Interior dirty and untidy, but not damaged. • Capable of being brought up to ‘Clean Condition’ with minimal work. • Including all relevant documentation, especially V5. CLICK HERE to read the full article.

Future Light Commercial Vehicle Overview – Used Commercials February 2026

This is the cap guide to future residual values for used light commercial vehicles. Individual forecasts are provided in pounds for periods from twelve months to four years. Vehicle Condition Parameters All prices in Used LCV Future Residual Values relate to disposal values for models in cap Average Condition – complying with most of the following requirements: • In a reasonable condition given its age and mileage. • Requires some work other than routine cleaning and servicing to bring it up to retail standard. • Mechanically sound. • Current MOT test certificate or needing only routine wear and tear item replacements in order to obtain one. • May require some repainting but not major body repair. • Vans and pick-ups to be fitted with a full substantial lining from new. • Interior dirty and untidy, but not damaged. • Capable of being brought up to ‘Clean Condition’ with minimal work. • Including all relevant documentation, especially V5. CLICK HERE to read the full article.

Future Car Market Overview – SMR February 2026

Welcome to our latest overview of Service Maintenance and Repair (SMR) Budgets, previously known as the ‘gold book SMR editorial’. This is aimed at our Fleet sector customers, who may use the Budgets when setting their lease rates. Any customer suggestions for improvement would be appreciated: please e-mail [email protected] Following our acquisition of Derwent Management Services in 2014, cap-hpi Ludlow (Derwent) data has been used to populate our SMR budget forecast product since October 2014, but there have been no technical changes to any of our data files or services. As we expected, the new data represented a considerable improvement in terms of vehicle coverage compared to our previous external supplier, with more than 4,200 additional cars and LCVs being valued at implementation. Overall, Car coverage is 97.9% with many of the vehicles valued in gold book for the first time also included in the SMR data. The new budgets are based on our market leading Burn Rate data and incorporate the latest probability distributions for all elements, based on real world costs. In our opinion, it reflects a much more realistic representation of the likely future SMR expenditure than we were able to display in the past. For any further detailed questions, please e-mail [email protected] and we will respond as a matter of urgency. CLICK HERE to read the full article.

Future Car Market Overview – New Cars February 2026

Welcome to the latest version of our overview. Our aim is to bring you the best content and layout, making it easy to identify new and revised information. As always, any customer feedback would be appreciated: e-mail [email protected] Please direct any forecast queries to the following mailbox: e-mail: [email protected] The content is structured as follows: 1. Forecast Changes 2. Market Conditions 3. Historic Forecast Accuracy 4. Forecast Methodology & Products 5. Sector Reforecast Schedule 2026/27 CLICK HERE to read the full article.

Future Car Market Overview Used Cars February 2026

Welcome to the latest version of our overview. Our aim is to bring you the best content and layout, making it easy to identify new and revised information. As always, any customer feedback would be appreciated: e-mail [email protected] Please direct any forecast queries to the following mailbox: e-mail: [email protected] The content is structured as follows: 1. Forecast Changes 2. Market Conditions 3. Historic Forecast Accuracy 4. Forecast Methodology & Products 5. Sector Reforecast Schedule 2026 CLICK HERE to read the full article.

Commercial Overview February 2026

New LCV registrations totalled 315,422 in 2025, representing a 10.3% decline compared to 2024. That’s 36,412 fewer new LCVs sold over the year. From January through to November 2025, every month new LCV registrations were lower than the corresponding month in 2024. However, in December, traditionally the shortest month of the year for LCV sales, registrations were up by +1.7% compared to December 2024. CLICK HERE to read the full article.

Car Market Overview February 26

This monthly report provides an update on the UK’s new and used car markets. It covers new car registrations up to the end of December 2025 and outlines current used car activity as of the time of writing. All data is accurate as of 26th January 2026. New car sales December 2025 ended on a high for the UK car market, with 146,249 registrations, up 3.9% on the same month in 2024. It was also the strongest December since 2019, coming in just 1.84% below that pre-pandemic benchmark according to the Society of Motor Manufacturers and Traders (SMMT) CLICK HERE to read the full article.

Future Light Commercial Vehicle Overview – Used Commercials January 2026

This is the cap guide to future residual values for used light commercial vehicles. Individual forecasts are provided in pounds for periods from twelve months to four years. Vehicle Condition Parameters All prices in Used LCV Future Residual Values relate to disposal values for models in cap Average Condition – complying with most of the following requirements: • In a reasonable condition given its age and mileage. • Requires some work other than routine cleaning and servicing to bring it up to retail standard. • Mechanically sound. • Current MOT test certificate or needing only routine wear and tear item replacements in order to obtain one. • May require some repainting but not major body repair. • Vans and pick-ups to be fitted with a full substantial lining from new. • Interior dirty and untidy, but not damaged. • Capable of being brought up to ‘Clean Condition’ with minimal work. • Including all relevant documentation, especially V5. Vehicle Excise Duty (Road Tax) The cost of vehicle road tax for light goods vehicles and the differences in taxation between light goods vehicles classed as cars are beyond the scope of this document. You can access detailed information from the DVLA by pasting the following link into your browser. https://www.gov.uk/government/organisations/driver-and-vehicle- licensing-agency CLICK HERE to read the full article.