Mr. Richard Crosthwaite

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  www.cardealermagazine.co.uk/publish/archives/category/n - [Cached Version]
  Published on: 9/22/2008    Last Visited: 10/1/2008  

  Examples where white is alright, says EurotaxGlass's Richard Crosthwaite, include Audis S3, RS4 and R8, BMWs 1-Series M Sport and M3, plus Porsche 911s GT3 and GT3 RS, and the Cayman.
  
  But this is not across the board. ‘An Audi A4 S-Line model in white currently performs well on the used market, and yet a white version of a standard A4 can be worth up to £1,000 less than an otherwise identical car in a desirable metallic colour,' says Crosthwaite.
  
  A supercar or luxury grand tourer in white will still be penalised by five big ones.Premium luxury saloons and SUVs will also be hit, by up to £3k.
  
  ‘The recent favourable reception for selected white vehicles on the used market has, in part, resulted from more vehicle manufacturers using white cars on their press launches, generating widespread national media exposure,' says Crosthwaite.
  
  ‘White car values have also been supported by low levels of supply.

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  www.motortrader.com/news/page/5 - [Cached Version]
  Published on: 8/28/2007    Last Visited: 9/5/2007  

  Richard Crosthwaite, prestige car editor at EurotaxGlass's said slow consumer demand and an increasing number of new generation used premium estates reaching the used sector have contributed to the drop.

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  www.britishminiclub.co.uk/mambo/index.php?option=com_co - [Cached Version]
  Published on: 3/13/2006    Last Visited: 3/13/2007  

  Richard Crosthwaite, prestige car editor at Glass's Guide, said: "This new service package will add to the public's already strong confidence in MINI, and as it's one of the slowest depreciating cars on the market, MINI tlc XL looks set to help this performance continue."

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  htdig.honestjohn.co.uk/news/index.htm?news_id=3703 - [Cached Version]
  Published on: 10/12/2008    Last Visited: 9/21/2007  

  Richard Crosthwaite, Prestige Car Editor at EurotaxGlass's, adds,

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  plenham.boson.posiweb.net/news/news2.php?id=2202 - [Cached Version]
  Published on: 10/4/2007    Last Visited: 1/9/2008  

  'Forecourt asking prices for prestige models in black are typically several hundred pounds higher, and exceptional retail demand means customers are much less able to negotiate a discount,' said Richard Crosthwaite, Prestige Car Editor at EurotaxGlass's. 'We are consequently seeing a significant difference in transaction prices for black prestige cars compared to those finished in the next most popular colours.'
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  Despite media reports to the contrary, Crosthwaite adds that white is continuing to prove highly unpopular on most prestige-brand cars.

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  www.eurotaxglass.co.uk/newspublisher/pressreleases/prev - [Cached Version]
  Published on: 9/17/2007    Last Visited: 9/17/2007  

  "A number of factors have caused the values of prestige estate models to weaken," explains Richard Crosthwaite, Prestige Car Editor at EurotaxGlass's."Demand appears to have slowed, and the supply of used examples has improved steadily after several years of growing new estate car registrations on some models.Meanwhile, new arrivals - such as those from Jaguar and Saab - have improved choice for buyers.The continued popularity of prestige-brand SUVs is also affecting the sales and residual values of estate models from the prestige marques."
  
  Despite the pronounced drop in values, Crosthwaite says the market for these cars is not crashing.

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  www.gizmag.com/go/7367/ - [Cached Version]
  Published on: 6/1/2007    Last Visited: 6/29/2007  

  Richard Crosthwaite, Prestige Car Editor at EurotaxGlass's, adds, "This is a fashion-led market, where the values of prestige-brand models in particular are influenced by changing tastes and the arrival of new models.

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  www.eveningtimes.co.uk/news/display.var.1337141.0.black - [Cached Version]
  Published on: 4/18/2007    Last Visited: 4/19/2007  

  Richard Crosthwaite, prestige car editor of the guide, said: "Prices for prestige models in black are typically several hundred pounds higher, and exceptional retail demand means customers are much less able to negotiate a discount.
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  Mr Crosthwaite added: "While the prestige market generally favours muted colours, there are exceptions.

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  www.eurotaxglass.co.uk/newspublisher/pressreleases/prev - [Cached Version]
  Published on: 3/25/2007    Last Visited: 3/25/2007  

  "These hi-tech options play an important role in seducing potential buyers of new prestige-brand cars, but weak residual values suggests that used car buyers remain unconvinced," comments Richard Crosthwaite, Prestige Car Editor.

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  www.difflock.com/magazine/4x4_News/Not_all_doom_and_glo - [Cached Version]
  Published on: 1/19/2007    Last Visited: 7/7/2008  

  "Dealerships have not been reporting any meaningful drop-off in demand for prestige SUVs, with sales of new and used examples currently in line with what we saw at the same point last year," explains Richard Crosthwaite, Prestige Car Editor at EurotaxGlass's.
  
  "Given the investment required to purchase and run this type of vehicle, the scale of the proposed increases in Congestion Charge penalties and the new road fund duty are unlikely to impact sales significantly.While owners may have a concern about running costs, this is more likely to result in an ever-higher proportion of diesel models being sold compared to petrol, rather than a migration of buyers away from the sector as a whole."
  
  Sales of new prestige SUVs for the 11-month period up to December 2006 topped 51,667, representing an 7 per cent increase over the same period in 2005, and 20 per cent more than in 2004 [see Table 2, below].Crosthwaite continues, "Looking forward, the rapid rise of new car sales in this sector over the past few years will probably mean there will be a natural levelling-off, or even a slight drop, in prestige SUV sales as demand naturally becomes satisfied.However, ecological concerns will not drive down registrations in the way that many people currently think."
  
  Residual values remain strong
  
  There is little prospect of a dramatic fall in residual values within the prestige SUV segment, suggests Crosthwaite.
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  Crosthwaite adds, "People buy prestige SUVs for their desirability, as well as their perceived practicality and safety.
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  "There will be a further sizeable influx of mid-sized SUVs from the volume-brand manufacturers this year, yet there is little to suggest that there will be a commensurate uplift in demand necessary to bolster residuals over the medium term," adds Crosthwaite.

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