57  Mini cooper S Black chilli pack 1/2 leather 23K £9500.

08  BMW 330i Msport Coupe Auto 66K £11500.

08 Nissan Quashqai 2.0Dci Tekna 5dr 30K £11550.

09  Honda Civic Type R 30K Red £9700.

07  Nissan Note 1.4SE 5dr Red 20K £4125

56  Hyundai Coupe 2.0SE Red, black leather 31K £3200.

06 Toyota Yaris 1.0VVt-i T2 5dr Silver 47K £3425

07 Mini Cooper Cabrio Grey met black leather 6K £8100.

55  Chrysler Grand Voyager 3.3Ltd Grey met, black leather 58K £4700.

06  Mini One Green 67K £4000.

55  Nissan 350Z Black , yellow(bright beige)Leather, Rays Alloys 32K £8950.

57  Fiat Panda 1.1 Active 5dr Blue met 25K £2700

07 Suzuki Swift 1.5GLX Grey 5dr 45K £3600

58  Honda Civic Type R 26K Red

57 Ford Ranger White 50 K £5200. Van spec no A/C ,

07  Mitsu L200 4Work(Van Spec) Grey met 50K no A/C £5750

57 Mitsu L200 4Work (Van Spec)White 12K £6800

07  Mitsu L200 Warrior Grey 25K £8000.

09  Mitsu L200 Warrior Black 31K £8950.

57  Nissan Navara “die hard”Grey 66K.

57  Nissan Navara Sport 94K £6900

53: Merc S350 38K £6200

© 2011, MD. All rights reserved.

2009: Seat Leon 2.0CRD tdi 170(FR) Gunmetal 15K £11,300.2006: Porsche Cayenne Turbo S Semi Auto Black,full spec 73K £17500. .

2007: BMW 320D SE Black, Full leather 42K £9000.

2008: Renault Clio 1,5DCi Dynamique Mauve 30K £5700.

2007: BMW 120D M-Sport Black with white leather+Sat 71K £8700.

2008: Jag X-Type 2.0D S Gunmetal with grey Leather 85K £5800.

2008: Audi A3 Sportback 5dr 2.0TDi 143 Blue met Cream interior 29K £9800.

2007: Vauxhall Zafira 1.9CDti 120 Black 55K £5100.

2007: Mini Cooper 1.6 Red 59K £5950.

2008: Ford Mondeo 1.6 Zetec(125)5dr Black 54K £5350.

2009: Audi A4 2.0TDI 143 SE Black 30K £13700.

2008: Seat Altea 1.9TDi Stylance Semi auto Silver 79K £5100.

2008: Ford Mondeo 2.0TDci 140Edge Grey 5dr 43K £6300.

2008: Audi A4 2.0TDi 143 SE Black 53K £10300.

2008: Audi A4 2.0TDi 143 Avant Black 50K £11800.

2008: Audi A4 2.0TDi 143 SE Silver 43K £10900.

2009: Vauxhall Insignia 2.0CDTi 130 Black 26K £8650.

2007: Peugeot 307CC 1.6Sport(Cabrio) Red 68K £4950.

2008: Fiat Grande Punto 1.4 Dynamic Grey 16K £4250.

2008: Mazda 6 2.0D 140TS 5dr Blue 56K £6350.

2008: BMW 520D 177SE 4dr Black-Biscuit leather 62K £11700.

2007: VW Golf 2.0TDi 170 3dr GT Black 59K £7450.

2010: Volvo XC90 2.4D5 185 Active Auto. Blue 12K £20000.

2008: Mini One 1.4 Silver 13K £6250. Poverty Spec,

2007: VW Touran 2.0TDi 140 Gunmetal 65K £7600.

2008: Ford Mondeo 2.0TDci 140 Zetec 59K Black £6550.

2008: Volvo V70 2.4D SE Geartronic Estate Grey 57K £10300.

2009: Audi S5 V8 Quattro Coupe Blue Met-Black recaro leather 35K £24300.

2008: Ford Fiesta 1.4 Zetec Climate Black 5dr 26K £3950.

2008: Renault Espace 2.0DCi 130 Dynamique Blue met 52K £6250.

2008: Peugeot 207 SW 1.6Hdi 90 Sport estate Grey 48K £5500.

2008: BMW 320D SE Coupe Dk Blue  21K £13300.

2008: Renault Megane 1.6VVT Dynamique 5dr Silver 40K £3400.

2009: Honda Accord 2.2i-Dtec EX estate,auto Black-Leather 56K £12,300.

2008: Ford Galaxy 1.8TDCi Edge 100 Black  manual 56K £8600.

2009: Seat Exeo 2.0CR 143 tdi 4dr Blue 39K £9000.

2008: Mertcedes C220 Cdi Sport auto Grey 71K £12400.

2009: Audi A3 1.9TDi Sportback 5dr 57K £9525.

2009: Honda Civic 2.0 i Type R Red 17K £8700.

2008: VW Golf 1.9Tdi S 3dr Black 19K £7000.

2009: Vauxhall Corsa 1.2 Design 16V 3dr 7K £5600.

2007: Peugeot 207 1.4 Sport 16V 5dr Black 41K £3750.

2008: Nissan Note 1.6 Tekna 5dr Coffee 14K £4850,2008: Toyota Yaris 1.3 VVT-i T Spirit 5dr Silver 21K £5300.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

Renault: The Twingo is a good little seller in the Renault sport versions. Both the 133 and 133 Cup version hold on to their value nicely. In the new shape clio, the 1.5 Dci continues to sell well. The 1.6 petrol is only wanted in Initiale Spec. Renault sport versions are always good news with the 200 and the Lux models, both particularly sought after in strong colours. Meganes are getting cheaper across the board and older cars are really sticking unless cheap. High spec 2.0 Dci‘s are a decent retail bet.  Pre 08 Lagunas are bargain bin items and a diesel one is a decent option if you are looking for a cheap car. The new model has been received a  bit better and has performed as well as any other car in its class. Used estates are particularly sought after. In the saloon the 2.0 Dci is the safest bet. Big petrol engine coupes have suffered the expected first 18 months savage depreciation, but are good value used and are a good seller. All petrol’s are struggling in the scenic range. The 1.5 Dci is a solid depreciator when bought used. In under 2 year old cars, a high spec 1.9 Dci goes well from showrooms. Despite a large range of models the Grand Scenic is still relatively rare and is a good seller across the board. Diesels are the best performers and you should get the 7 seats. The grand Espace is still a unique car in its field despite many new competitors and is a sought after bit of kit in normal and grand espace spec. The 2.0Dci is the best seller with the 175Bhp engines particularly good news.

Saab: Could well have gone belly up by the time you read this. I think they have just freed up 40 million of capital but in car manufacturer terms that barely covers the stationary. Of course this uncertainty should have no affect on the used market, but it does. In the 9-3 the cabrios are not the bulletproof performer they used to be but still have a decent following. The 1.9Tid is by far the best seller in saloon and estate. Low spec linear models are slow to sell. The 9-5 is not too much different, but with a lot of motorway mileage cars knocking about, retail cars are mileage sensitive.

Seat: The Ibiza is solid and economical in either petrol or diesel and remains one of the best performing cars in its class. The sporty Bocanegra model is a valuable rarity. Similarly the Leon holds its value well with the 140bhp 2.0Tdi being the best model. In the Altea sensible spec cars sell well, the 105bhp 1.9Tdi is the one to buy with an eye on long term depreciation. The Toledo is a bit of an oddity and is getting cheaper used. Aim for a higher spec diesel as the petrol’s are not attracting much interest. The Exeo is a cheap Audi A4 and has held its value pretty well so far. The Alhambra is a retail star, particularly in Auto, the 2.0Tdi Ecomotive is the best model. Old models are still solid in the 1.9Tdi and like their sister car the Ford Galaxy if you can find one without huge mileage then it is worth good money.

Skoda: The 1.9 Tdi Fabia is a good seller but that is a true statement of any V.A.G car that runs that unit. The 1.2 petrol is a decent selling cheap car and plain specs are fine. Estates extract a premium. Diesels are always good news in the Octavia but the newer 1.4Tsi petrol is also selling well. For a big lump the Superb has held on to its value well and newer cars are rock solid.

Subaru: Fresh Subaru’s sell best from Main dealers, where a good spec Legacy tourer will make solid money.  Impreza Prices are buoyed by the cache of WRX big brother and rarity. The WRX itself has grown a far stronger following now, than when first launched and is now a good seller. The STI Models make a good chunk over a standard WRX but are worth every penny and if you can you should.

Suzuki: The Swift holds its value well in a hard class, with the plain 1.3  5dr on the whole, possibly being the best value. The Little 3dr 1.6 Sport is funky looking and is a good seller. The Grand Vitara used to be the starter car for caravan club members but newer models have ramped up the luxury, build and price. Always has a following with petrol’s performing almost as well as diesels.

Toyota: Small Toyotas always sell well so the Aygo is no surprise. Yaris is similar news. In the petrol, comparatively the 1.0 does better than the 1.3. Long term the the 1.5 Diesel is holding its value best, 5drs are preferred and plain cars are harder to budge. TR and T-Sprit spec are the most sought after cars for retailers. The last of the corolla diesels are still sellers. The verso is good news with the 2.2 T- spirit being a rare retail car that is sought after. The Auris hasn’t performed as well as the corolla but still remains good news. The 1.6VVti petrol goes well and the 1.4 Diesel has improved in value this year, as people have realised it will travel to Rome on a tank of fuel. 5 doors are worth a bit more than 3drs and the scabby spec T2 is hardest to shift. The Prius is no fun to drive and its claimed mpg appears only achievable in a laboratory. Retail cars are very mileage sensitive with only low K cars making top money. Sales are also geographically sensitive with London cars making better prices. The Avensis is a major used bargain and a 4-6 year old car owned for a few years will continue to hold most of its value. The 1.8VVti petrol is as cheap to run as the Diesels. Older diesels without huge mileage are increasingly rare. The Rav 4 remains a desirable car with the 2.2 Diesels performing very well.  Autos are always worth an extra premium. The MR2 is a reliable alternative to the MX5,  buy one for about 5K and enjoy relatively cheap motoring. The Celica is getting on in years but a retail example still sells well. 180bhp T-sport model will make a large premium over Normal VVti.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

Fiat: The Little 500 has been a supreme performer since launch, and while they are not about to plummet all those cheap monthly lease specials are dripping back into the market providing a lot of options for buyer. Supermarkets and dealers will be pushing deals to move a lot of stock over the summer. If you are buying then Solid colours are best. Grande Punto: Our hire car of choice is really heading for the bargain bin over 4 years of age. Fresher cars are still saleable with lower miles. 1.3 Multijet Diesel is always popular. Multipla, old model was no looker but had a following. New model is as practical, but this is a harder market now with more options for buyers, main dealers and MPV specialists can sell them nobody else.

Ford: Ford can absorb over supply in the market better than any other manufacturer and although there many competitors good stock sells well. The Ka has been a strong seller new and many ex lease cars are going straight to supermarket. Plain 1.2 studios  can now be picked up from £5000 add an Extra £500 for a style and the same again for a Zetec. Garish colours look funky but are proving hard to shift with the worst offenders being Blush(Maroon metallic) and Jump(Key lime pie!).  Mileage is key with cars over 25K struggling. Old model Ka’s still have a following and an old model 1.3 Zetec with lower miles and some alloys or other extras would be sought after. Fiesta (03-08)1.4TDCi is a sought after car and increasingly rare without silly mileage. The 1.25 and 1.4 petrol’s are still a good seller but a bit of spec is helping. New shape Fiestas from 08’ are cheap in plain spec, with plain 1.25 style 3drs from £5500. If you are buying it’s a trawl for the most spec for year. The 1.6 TDCi is holding its value well and the 1.6 Zetec s with the 17” rims is a strong retail car in a 3dr. Conservative colours are best Silver,Light Blue,Grey, Black and White. The Focus is a strong performer and there are  no bargains in honest cars. 1.6tdci will have best medium term residuals. Mondeo , new shapes are surprisingly cheap and look around before you commit. TDCi Titanium X and Ghia models are still good news. The Hatch outsold the Saloon massively, as a result saloon prices are holding up well. S-Max Petrols in general are hard work with the 2.5 being particularly unloved unless it’s an exceptional low mileage example. Lots of high milers on the market in diesel, and low mileage cars are making good money. Plain LX spec is only shifting at the right price. Autos are always popular with a 2.0TDCI Titanium Auto being primo retail stock. Facelifted 2010 cars will make a good premium over non facelifted 2010’s. Galaxies’ remain as popular as ever, even old models. A 1.9TD is now hard to find in sub taxi mileage Zetecs and Ghias are always popular, but the main driver is mileage. New Shape Petrol’s are floating about the trade for small money and the market is only chasing Diesels. A conservative market is reflected in preferred colours Black,Silver,Blue and Grey are making the better money.

Honda: Jazz Older models are dropping under 4K.Still a great seller but demand massively influenced by mileage. It’s getting harder to sell the current shape in plain spec and Autos are not making the premium over Manual that we saw in the old shape. Civics are one of the most popular cars in Britain, Therefore a steady depreciator which stays solid regardless of market conditions. New shapes have dipped in recent months and petrols and higher mileage diesels are now slow going. High spec cars with leather or the glass roof are still desirable but customers are not as willing to pay the premium they once would. The Hybrid IMA was one of the few cars that smashed book prices for the last year with many going to Ireland due to favourable VRT. This market has now slowed and they are getting back to sensible money, low mileage cars sell well and a leather car  is at least £1000 ahead of a cloth car. The Type R like all sports cars has been affected by comparable cars in the marketplace. A bad choice new but a sensibly priced 2-3 year is worth buying now. With the Accord Honda proved they could make a medium sized motorway eater, and big mileage cars are still saleable. Expect to pay full money for a low mileage car, Leather and sat nav models still the most popular but are not making the premium they used to. 2.0 Vtec Petrol’s in plain spec are hard to shift. Newer shape Legend from 2006 has surprisingly held up well although this is mainly due to the limited number that was sold new. Still wouldn’t take one into stock unless I was a Honda dealer. The FRV has gotten more popular as people have warmed to them.2007’ on ES and EX diesels are very good stock. The CRV remains popular with school runners and motorway eaters(and they can handle the miles) Prices have come back as more cars are making it to the market, but still no bargains to be had in low mileage cars with decent spec in conservative colours. The S2000, Because of their ability to rev like a motorbike and their unfortunate tendency to swap ends there are some questionable cars in the cheaper end of the market. Like the Civic R a sensibly priced 2-3 year old car is a decent investment. The gulf between main dealer and independent dealers is hard to explain.

Hyundai: The series 3 coupe looked like a budget scaglietti- aston martin hybrid, unfortunately it’s all a bit long in the tooth now and depreciation has been savage. The I-10 is a good little performer in a mileage sensitive niche. Low k autos are always sought after. The I-20 is a cheap car new and hasn’t devalued too sharply so far. The 1.4CRDi Comfort is the best news at the moment. The I-30 has been slow for a few months now and is fighting against some heavyweight opposition in a competitive sector. If you find yourself looking for a car like the I-800 you will find that, short of converted vehicles it fills a rare hole. Good retail cars are holding their values with main dealers and MPV specialists. Obviously there is a gulf between retail and ex private hire/taxis. The Santa Fe continues to be a sought after vehicle and in the 2.2 Diesel there are few bargains in moderate mileage cars. 7 seats are preferred. There was a 2.7 petrol which didn’t sell well new and is not desirable today.

© 2011, MD. All rights reserved.

ALFA ROMEO: Fear of running costs is not helping Alfas at the moment and once they go over 3 years or start approaching above average miles they are becoming a less viable retail proposition for dealers. The GT Coupe Blackline with the 1.9 JTD diesel unit is sought after. The Mito has been well received and is holding up well, Like the fiat 500 it is selling best in solid colours red,Black and White. Too early to pass comment on the Giulietta with most cars remaining  within the dealer network for the moment.

AUDI: A2 surely the best investment that was ever made in a new car ? A below average miles car writes its own price.  A3 and A4’s are still good sellers but are being affected by the amount of ex lease and high milers on the market. Diesels are still preferred with S-Lines making over book and White cars in Particular making well over book. The daylight running lights that were much derided at launch on the A4 are popular with customers, and salespeople report back that they are asked for this feature constantly. Even with a recent cosmetic facelift The A6 is looking a bit dated and we are seeing a big drop off in demand pre 07.  In the Qs the Q5 appears to remain good stock in all models and prices are holding firm.  Q7 is getting old enough for a few cheapies to be floating about and last year’s facelift is starting to impact on 06 models.  Fresh low mileage stock is still at a premium for dealers, S-Lines have a quicker turnaround. Fresh A8’s are main dealer territory only. Older cars can be good stock for specialist dealers who can sell them and prices are affected geographically. For non specialist dealers they are a price driven item, otherwise they are sitting around for too long.

BMW: 1 Series remains very good stock even in petrol. Despite an influx of ex lease coming to the market many appear to have been urban leased, with the motorway milers looking at 3 series instead. Because of this high milers are rare and unwanted stock. There are so many 3 series about that it is hard to give a snapshot, however in summary, despite its ubiquity the 3 series remains a highly desirable motor car. 2 to 3 year old cars with sensible mileage are sought after and making over book regularly,  with M sports and Leather cars being the most desirable. Petrol cars are having a trying time with the 325, even in coupe form finding it hard going at the moment.  The 5 Series had been Bulletproof until recently with Msport and Leather cars making beyond top book money, they are now however on a slide and a good  520D can be picked up for £10000. There are too many mega milers knocking about and only cars with extensive histories are attracting any attention. 530 and 535D particularly in Msport and strong colours are still good sellers if you can find them. Too early to comment on the new 5 but it is thought that BMW’s cross platform strategy will affect its own sales in time. Offers are invited on old model 7’s and they are specialist territory only. Current model from 08 is still staying within the dealer network.  The X3 has shown strong residuals and it is testament to BMW that they still look modern despite being 8 years old. Two Litre diesel with the new (177) unit is popular. The 3.0 is good stock under 3 years old and the xdrive auto is sought after. 2.5 petrol in plain spec is the least loved.It will take some time for the new model to impact on the old models price, particularly as the new model is being pitched higher in the market than the old one.  Private plated oldie, petrol X5’s are changing hands for £5000 and all petrols are struggling in general.  This does not represent the real picture though. A 3.0D X 5 is still the most desirable car in its class, with retailable cars that haven’t been to mars and back holding good money. New shapes are holding firm with only the 3.0 petrol taking a knock in popularity, The bigger engine petrol cars are still run by people who can afford fuel.

Chevrolet: A steady depreciator once you get the first year of ownership out of the way. Unfortunately that first year wipes out 50% of their value. The Matiz is an established bingo hall crawler with a stronger following than the rest of their models which admittedly are competing in a hard market. The Captiva 2.0 CRD has held its value well since it came out in July 07.  It is well equipped and priced for its class, rarity is keeping prices up, with the 7 seater particularly sought after.

Chrysler:  They showed some courage to bring the PT Cruiser to market and some madness to persist with it for another 10 years. Second hand Chryslers are slow turning stock unless they are very cheap, and lately they are that. Their solid performers are the Voyager/Grand Voyager and 300C. The Voyager and Grand voyager are steady depreciators second hand; demand is strong for the 2.8CRD at the moment. The 300C or Plastic Bentley, as in “that Plastic Bentley had me fooled from 500 yards!” has been Chryslers star performer but is now on the slide. Customizers provide a home for the most unloved examples but even the fresh retailable cars have slowed down with dealers struggling to sell cars in the wrong colour and spec combos. The market is looking for Black and Silver with the Hemi rims. Buying a new one would be brave and expensive.

Citroen: C1 and C2’s like all little run-arounds at the moment are faring well. With 2-3 year old cars good stock. C3, Pre facelift cars were holding their own but are now struggling in a competitive market. New shape appears to be desirable but it’s a bit early to comment. C3 Picasso from April 09’ is a strong seller at the moment particularly in diesel, but petrol’s are only about £1500 behind.  Diesel C4 Picassos and the bigger Grand Picasso remain a good seller however a proliferation of available cars means only the lower mileage cars are being chased at top money. A strong export market is also keeping prices up at the block. EGS still makes a premium but not as much as before. The C-Crosser has been a strong Performer and continues to make decent money with low mileage, as with all big citroens their marketability drops sharply with excessive mileage. The new DS3 is too new to give an accurate view of the used price but we think all indications are this will be a safe investment Particularly in Black or strong solid colours.

Daihatsu: The Little Copen is stronger and bigger than it looks but many were not convinced. Still a seller for Dealers and specialists but they are buying them cheap. The Copen has suffered like all other soft tops this summer, without the usual bounce in value they receive when the sun comes out. The Sirion is a good seller in the small car class and extremely low mileage examples are favoured. The Terios since May 06 has been an excellent investment and continues to devalue as slowly as any car we can come up with. Lack of stock keeps prices generally over top book.

Dodge: The Caliber is standing up well beside its lager namesake (almost) Pound for pound one of the sharpest depreciating cars ever sold. Diesels are a tad better than petrol’s but they only sell on price to number plate collectors. The Nitro suffers bad depreciation in their first two years and then fills a hole in the 8 to 10 grand bracket of the budget bling market. A very low mileage Auto has a buyer waiting.

Join us this Wednesday when we continue from F.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

© 2011, MD. All rights reserved.

Regardless of whatever figures we have seen, the last two weeks of the month have seen a vast improvement in sales. Cars are back on sale below book,  Only exception this week was The BM group sale in the east midlands we attended this week where cap clean was getting smashed and cars were selling.

© 2011, MD. All rights reserved.

08(08)Astra 1.9CDTi(120) Design Auto,Black with 1/2 Leather 64K £4300.    08(08)BMW 520D SE Touring(177)Auto Grey met(cloth) 72K £11,600 . 07(57) Audi A4 2.0TDi 140se Saloon Black 88K £6750  . 09(09) Ford S-Max 2.0TDCi Titanium Silver 45K  £10,900. 09(09) Ford Fiesta 1.2 Style(82) 3dr Hatch Black 14K £5900 .   09(58) Audi TT 2.0T FSi S-Tronic(semi Auto) Grey/red Leather 33K £15,250 .  06(06) Honda Civic 1.8I Vtec ES 5dr (glass top) Black 16K £5800 .   08(08) Mercedes E220 CDi Estate Manual blue met/Grey leather 80K £9000.  06(56)Audi A3 Sportback 2.0TDi 170SE Red 84K £6300.   07(07) Mondeo(new) 2.0 Zetec Hatch Black 1/2 Leather 42K     £5200 .  08(08)Ford Fiesta ST 2.0 Black 35K £5400.  08(08)Mazda 6 2.0D(140) TS2 Hatch, Blue met  50K £6650.  09(59)Ford Kuga 2.0TDCi Zetec 2wd Blue Met 30K £13100 . 09(09)Honda Civic Type R Black 18K  £9300.

Auction Prices seemed to be getting back on track this week, Stock is again moving with suppliers keener to sell. Some bargains down south early on in the week and cars generally on sale behind all book valuations.

© 2011, MD. All rights reserved.

Weekly Market Snapshot

This week our contributors have mostly been down south and in the midlands. We have not had any attendees further north or in Scotland.  We also have information relating to general sales only and have no information from any Top car or premium sales, so cannot comment on the market for heavier metal at the moment .  As has been the case recently buyers have been surprised by the lack of cars selling at the block with a higher amount of cars having to be bought provisionally.

Auction attendance numbers seem to be down which is making it harder for auctioneers. Sellers are holding out for high prices, but increasingly ,as buyers we are under more and more pressure to buy cars well under book.  Some industry figures released in the last week suggest that the trade is showing recovery but the trade is a big interconnected world and when parts of it are up others must be down.

Petrol engined cars of moderate displacement are not suffering disproportionately to the rest of the trade, but big engined lumps over 4 years old are getting hit hard.

Disclaimer: Our market snapshots are a compilation of the thoughts of several of our contributors. Our data is collated from figures received from auctions we have attended, or from sales figures we have been party to. We occasionally provide example prices as an indicator but do not disclose exact auction data. In no way do we claim to be able to give accurate data for the state of the market and our guides should be regarded as a work of informed opinion only.

© 2011, MD. All rights reserved.

With petrol prices currently going head to head with cocaine if you are running a big v8 then you are probably on a loser(or a scooter) Hybrid cars particularly the Civic ima had a major jump in price in the last 4 months and regularly smashed top book prices, indicators are that they are now levelling back out. The point of this post will be to let you know what cars are in short supply and sought after and what cars you need to be baleing out of and why .

© 2011, MD. All rights reserved.