Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 11°C

ESTD 1874 Search

Lack of history loses 20% of car value

11:10 11 September 2014

Not having a fulll service history drops the value of a used car by a fifth on average.

Not having a fulll service history drops the value of a used car by a fifth on average.


A car being sold without a full service history is worth a fifth less on average than a car with a fully-stamped service book. This amounts to an average of £1,464 for the typical used car sold in the UK with a price of £7,706.

A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10bn a year in lost revenue.

Almost half (45%) of car buyers say an incomplete service history is a deal breaker as they would not consider buying a car that doesn’t have a full service history.

Older buyers see the greatest value in a full service history with 57% insisting they would not buy a used car without one. This compares to just 33% of buyers aged 18 to 24.

At almost a quarter (23%) of buyers in London expect the biggest price cuts for an incomplete service record – around £1,772. Those in the South West would seek the smallest at 15% – around £1,156.

Roger Griggs, communications director at Kwik Fit, said: “Car owners often skip services to save money but, in the long run, this can end up being very costly. Not only does it reduce the vehicle’s value, it also makes the pool of potential buyers much smaller, making it harder to sell.

“Having a record that shows regular servicing gives prospective buyers confidence that a car has been well maintained, so even if you have one or two missing, frequent servicing is still important.”


Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Sir David Attenborough reopened the Abberton Reservoir for Essex and Suffolk Water and Essex Wildlife Trust. The reservoir has had an enormous amount of work done to it as a reservoir and as a wildlife habitat.

Suffolk Wildlife Trust today launches an ambitious £1million public appeal as part of a land purchase plan that is on a scale “unprecedented” in the nature charity’s long history.

Abnormal loads will be making their way along the roads of Suffolk over the next two weeks

Motorists in Suffolk are being warned to watch out for traffic delays as three abnormal loads slowly make their way along the county’s roads over the next two weeks.

Frankel welcomes guests to Newmarket National Heritage Centre

Her Majesty The Queen is to officially open the new £15million National Heritage Centre for Horseracing and Sporting Art in the Suffolk town of Newmarket, where many of her own horses are trained and stabled.

The RSPCA in Martlesham has a number of  black cats and kittens that need a home.

With a love for cuddles and having their tummies tickled it seems unlikely these furry friends could be evil omens or harbingers of doom.

Local charities gathered together at Greshams in
 Ipswich  for the launch of the Rotary Orwell Walk
 2017 .

One of the most popular and successful fundraising events in Suffolk has been officially launched.

Halloween party at Orford  in November 1972

The shops in Ipswich town centre are stocked up with witches outfits and trick or treat supplies, and supermarkets are doing a roaring trade in pumpkins as Halloween fast approaches.

The Long Shop, Leiston, the Final Fling, steam engines and stalls 
- Roger Threadgold and Dave Bennett with their Classic Butchers Van

Exhibits at one of Suffolk’s favourite museums got all steamed up for the final time this season.

Most read

Great Days Out


Click here to view
the Great Days Out


Most commented


Show Job Lists


Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24