Used car values increased by 4.5% by £270 in August, but supply issues still continue to cause trouble in the sector.
Sales managers who think they left their maths behind in the classroom could be missing out on additional pounds in every deal they close, according to Garry Cuthbert, co-founder and director of Reef Business Systems.
MG has launched its first approved used car programme which includes a 130 point check on every car.
Experian, the global information services company, has launched the latest version of AutoCheck, its automotive provenance check tool, after collaborating with dealers over the changes for the last seven months.
Complaints about used cars bought from independents topped the new Citizens Advice helpline which launched in April this year.
As more and more franchised dealers opt to retail vehicles outside the brands they represent, valuable lessons can be gleamed from the independent sector.
UK motorists are looking to cut down on fuel costs by changing their driving habits, but only 8% are willing to trade in their car for one that is more economical.
The used car market will continue to gain in importance to franchised dealers operations over the next three to four years as it continues to take precedence over new.
Auto Trader believes pre-registration activity represents 2% of the 300,000 cars offered on its website.
Rolls-Royce has launched a new Provenance used car programme stock locator for customers which is compatible with the iPad and smart phones.
Dealers will hear predications of what will happen in the used car market from Glass’s Guide managing editor Adrian Rushmore at the Used Car Conference on October 9.
Vauxhall specialist Eden retails the majority of its used vehicles through Network Q but has boosted additional volumes using its own Select business.
Average values of used cars sold at auction across the UK increased by 2% from £4,577 to £4,690 between June and July.
BMW will launch its first petrol low-CO2 champion in November with the introduction of the 320i EfficientDynamics saloon.
What Car? has launched a free car valuation application powered by data from dealers, private sales, auctions and classified advertisements across the UK.
Average used car values increased by 9.7% (£547) year on year in July, and increased 3.6% compared to June 2012.
Part-exchange values are outperforming “premonitions of doom” during the summer months with average selling prices rising by 4.3% in July, from £2,374 in June.
Analysis of searches on an online classified advertising site has revealed the 10 most popular soft-tops for dealers to stock.
The head of a UK motor auction company has warned of a potential price rise in used cars this September.
Glass’s has gone live with its new valuations system, G2, that it has developed to give greater accuracy and insight to customers.
Average used car prices fell by 5% to £8,620 in Q2 due to an abundance vehicles over 10 years old entering the market as new car demand increases, according to the latest Auto Trader Retail Price Index.
Auto Trader says its Market Tracker online analysis tool is one of the systems dealer group Peter Vardy is using to boost its used car operations this year.
The RMI’s National Association of Motor Auctions (NAMA), the trade body representing auction companies has launched its new Code of Practice.
The DVLA is allowing superstitious customers to avoid having 13 on their number plates when they buy a new car in March.
The latest figures from the Vehicle Remarketing Association (VRA) show the used car market remains “consistent and stable” with book values for July only reducing by 1% whereas the last couple of years trade values have been marked down by up to 3%.
