Average used car values improved for the second month running in December, but remain well behind where they were a year ago when the financial crisis was beginning to unfold, according to BCA’s latest Pulse report. Used values appear to have stabilised in the second half of 2008, following large falls in value earlier in the year.BCA’s Communications Director Tony Gannon commented “Used cars currently represent exceptional value for money and the fact that values have stabilised in recent months is encouraging, particularly in view of the large falls we experienced earlier in the year.”“When consumer confidence improves, we may well see prices rise again but there is little to suggest such a scenario occurring in the short term.”