Britain’s recent heat wave boosted the values of used cars with air conditioning, and made cars without the feature much harder for dealers and private owners to sell, according to Glass’s Information Services.
Go deeper with GlobalData
“Right across the market buyers are shunning cars that don’t allow them to escape the heat,” said Glass’s senior car editor Jeff Paterson.
“Although temperatures are now easing, dealers remain very cautious about adding cars without air conditioning to their stock. In addition, the premium for a family-sized hatchback or saloon with ‘air con’ before the heat wave was around £200, but that figure is now nearer to the £500 mark.
“There is definitely a trend that is seeing manufacturers add air con or climate control as standard kit on more of their cars; even small vehicles at the budget end of the market such as the Daewoo Matiz now include it.
“Such trends in the motor industry very rapidly become the norm, and I think we are beginning to see air con added to the list of most customers’ minimal requirements. As a result, the increased premium over non-air conditioned cars may well stay in place during the winter months.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
