Growing used car supply is being soaked up by strong retail demand according to the latest market report from CAP Automotive.
Used car experts agree that the Nissan Qashqai remains the best investment for dealers seeking an in-demand, fast-turning mainstream SUV to fill a space on the forecourt.
Aston Barclay, the car auction group, has launched three new products to increase its online portfolio and complement its existing services.
A business helping car dealers reduce their vehicle logistics costs is on the growth path thanks partly to investment from the chairman of Sytner Group, Laurence Vaughan.
CAP's Philip Nothard finds profiling your forecourt can improve return on investment.
NAMA expects strong January figures after pre-Christmas slowdown hit December figures
As average used car values have surged to record levels during 2013, BCA suggests next year could bring more of the same in the used car market as the availability of retail quality used cars is likely to remain limited.
Manheim’s latest Market Analysis highlights that the average selling price of ex-fleet vehicles adjusted slightly from the record high achieved in October, with values falling by £131 during November.
HPI has launched a new used car inspection service which lets customers use an independent qualified engineer to determine whether a car could be unsafe or in need of repairs.
SMA Vehicle Remarketing is extending its partnership with Vehicle Trading Group to offer dealers an even wider stock funding service, backed tup with on-site stock funding offices and support across the SMA network.
November has been the first month in 2013 when used car prices have fallen significantly in the trade, according to CAP.
Many motorists are still in the dark about the true value of their car, with one in three incorrect about the value of their car, according to CAP.
Average values for light commercial vehicles remained high in October, with values down by just £7 from September’s record level.
Citroen has extended its age profile on its approved used vehicle programme on from seven to 10 years.
Used 4x4 values are moving up with October showing a 7.3% increase over September, according to BCA, as demand is expected to rise into winter.
Used car values have seen the second highest rise this year since 2005 as a combination of stock shortages and market demand push prices up, according to British Car Auctions (BCA).
Volvo’s approved used car programme Selekt has seen just 0.1% of customers return cars to dealers as part of its 100% satisfied policy.
Rapid expansion of model variations in the car market is posing the risk of growing confusion for tomorrow’s used car trade, according to CAP Automotive.
Dealers should not expect any shocks or dramatic activity in the used car market in Q4 as reduced values and increased supply have set the scene for a ‘soft landing’ according to CAP.
Manheim is launching a vehicle stock funding programme in the UK next year called NextGear Capital UK.
