The average sale price of a used car increased by 0.9% to £5,441 from £5,263 in October, according to the National Association of Motor Auctions (NAMA).
The 4x4 segment showed the strongest performance with used sales of large and small 4x4s growing by 9.1% year on year in Q3.
BCA’s acquisition of SMA faces an in-depth merger inquiry unless it offers a solution to competition concerns in car auctions in Newcastle.
The Dacia Sandero Stepway, Hyundai Tuscon and Vauxhall Antara topped the list for the fastest selling used cars in November, according to Glass’s Hot Five list.
The majority of car buyers are looking to spend around £200 a month for their next car, according to Motors.co.uk.
Online used car business Vroomo has launched looking to “shake up” the UK market.
The average selling price for part-exchanged cars sold by Manheim in October increased by 5.2% (£177) year-on-year.
Imperial Car Supermarkets has grown the business to six sites with the opening of a new showroom on Staines Road in Chertsey.
Paragon Automotive has appointed Jamie Scott as its head of new business and strategy for remarketing.
The fastest selling used car on Auto Trader in October was a Citroen Grand C4 Picasso automatic.
CarShop, a used car retailer and MG franchise, has been accredited with the Investors in People Silver standard.
Dealer Auction, the UK trade only online vehicle auction, has introduced video functionality for dealers to use with part-exchange stock listings.
Motorpoint will open its £5 million used car supersite on Durham Road in Birtley this Friday.
Used car supermarket group AvailableCar has acquired the 11.5 acre former Carcraft site near Leeds for an undisclosed sum.
Listers has extended its agreement with Manheim as its solus remarketing provider.
The majority of used car buyers are not checking history on vehicle before purchasing, according to new data from the RAC.
Marshall Motor Holdings has renewed its exclusive remarketing deal with Manheim.
Digital search dominates how customers find their next car, but other areas are still important, according to new research by MotoNovo Finance.
Average used values dropped by 2.2% with an expected seasonal slide, according to the latest figures from CAP.
A study by Hitachi Capital Motor Finance claims dealers could miss out on as much as £246 million a year in finance revenue on used vehicles.
The majority of 17-24 year old used car buyers cite price as the strongest influence on their vehicle search, the highest percentage in five years.
Used car sales increased at their fastest rate for almost 10 years to nearly 1.9 million vehicles, according to the latest data from Experian.
The growing use of pre-registrations has yet to feed any significant impact into auction values or volumes, according to the NAMA.
Carfinance247 has launched a new service on its website that puts customers that have applied for finance in touch with dealers that can sell them a vehicle.
Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to the latest NAMA analysis.
