Will the new '132' plate alter used values?

Is there any likelihood if 2012 models reducing in value when the new 132 plate is introduced?

John Coleman (Waterford)

Mar 2013 Filed under: used car values

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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

Shane O' Donoghue - Complete Car Adviser
@Shane_O_D