Used car
Used car News
- Renault UK promotes Peter Horton to head of fleet and used vehicles
- Recruitment underway for Motorpoint's new Maidstone used car supermarket
- Car dealer foots £250,000 police car chase wreckage bill
- Car buyer threatened to ‘execute’ car dealer over vehicle break-down
- Pendragon CEO Bill Berman: car supplies could take eight years to recover
- Remodelled Pendragon CarStore division to tackle ‘restrictive’ used car sales
- Used cars' ‘strong price growth’ ahead after 30.5% December surge
- Three-quarters of used EV buyers motivated by environmental factors
- ‘Volatility’ to define 2022 car retail sector, says Cox Automotive
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Slower stock turn could win retailers the used car profit race
A rapid rate of stock turn has traditionally been a sure-fire way for car dealerships to maximise their used car profits and forecourt space.
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Profit from private: dealers share the benefits of the new go-to stocking source
Clive Brook Group, Drive Motor Retail, Hendy Group, Inchcape Retail and Jemca Motor Group have all ramped-up their acquisition of private used car stock in 2021.
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Used car retailers will have to 'buy smarter' in competitive 2022 market
Used car prices remain at all-time highs and retailers have been told they will have to "buy smarter" to remain competitive as the trend continues into 2022.
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Available Car CEO believes his car supermarket group can 'get through anything'
When Michael Bell took the chief executive’s chair of the family business, Available Car, in 2019, he could never have anticipated quite the baptism of fire that was coming.
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Used hybrid car values rise 18.7% in Q2, says Autorola
Demand for used hybrid cars has risen in the last quarter, pushing wholesale prices up by 18.7% to an average of £17,591.
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Unprecedented used car market sees dealer rulebook thrown 'out of the window'
Valuation experts and AM100 retailers have conceded that they do not know when this year’s “unprecedented” used car price rises will end.
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Agency model retail could free-up car dealers to pursue used car growth
Used car retail has long been an area of the market for retailers to show their entrepreneurial flair. But the focus on this area of the business could be even more important in the coming years.
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5 minutes with... cinch retail director, Jason Cranswick
Following the cinch platform's re-launch as an online car retail rival to the likes of Cazoo and carzam, AM Magazine's Tom Sharpe sat down with retail director, Jason Cranswick, to learn more about its new direction.
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How to solve the used car pricing problem - dealer bosses give their views
Pricing a car correctly is intricately linked with stock turn and profitability – we asked dealers how they hit the sweet spot
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How to fit the parts of the de-franchising puzzle together
Car dealers looking to take advantage of increased profits in used car sales by switching to non-franchised operation must follow some key steps
