Good deals are to be had as London motorists rush to ditch their non-compliant vehicles ahead of the expansion of London’s Ultra-Low Emission Zone (ULEZ)
The AM News Show podcast recently welcomed Perrys managing director Darren Ardron and Cap HPI director of valuations Derren Martin to the studio
Car leasing firm Octopus Electric Vehicles has introduced a salary sacrifice program focused on pre-owned electric vehicles (EVs).
The UK's used car market continues to climb back towards its traditional level, according to data from the Society of Motor Manufacturers and Traders which reveals the first half of 2023 recorded 4.1% used car transactions growth year-on-year.
Darren Mornin, Next Gear Capital managing director, discusses stock funding and how the business is working with retailers to expand their businesses
Independent used car dealers who want to help cash-strapped Londoners who'll be impacted by the expansion of the ULEZ area could do well by stocking selected cheap diesel cars with Euro6 standards which are ULEZ compliant, even though they were on sale before 2015.
Auto Trader reports that a 40th consecutive month of year-on-year used car price growth now leaves the average second hand car some £4,000 more expensive than in April 2020 when prices began to climb.
With London offering a £2,000 scrappage incentive to encourage city dwellers to scrap their oldest cars that won't be compliant with the expanding ULEZ ultra low emission zone, used car dealerships could be poised to tempt them with cheap replacement runabouts.
Used car values fell by 1.9% in July despite healthy wholesale activity, according to pricing experts at Cap HPI.
Peter Vardy is preparing to close two of its purpose-built large car supermarkets in Dundee and Glasgow as a result of challenges in the used car market.
Ebay Motor Group has revealed the top 10 fastest selling EVs in July.
Cox Automotive has signed terms with four car supermarkets that will result in an additional 2,000 vehicles a year selling through Manheim Auction Services.
Petrol was the fuel of choice for many used car buyers in July, against the backdrop of challenging economic conditions, according to eBay Motors Group.
The breadth of transformation undertaken by FOW Car Supermarket during 2022 resulted in a winning entry for the 2023 AM Awards.
Motorway, the UK used car marketplace, has appointed Liz Kistruck, a former director at Expedia, as the company’s first chief financial officer.
Global investment firm Carlyle has agreed to acquire Evolution Funding, the UK used car finance platform.
Two-thirds of car dealers (66%) are worried about future margin erosion affecting their business, new research shows.
Used electric vehicle (EV) sales are outselling used diesels at less than two years old, according to Indicata’s latest data for June.
While Auto Trader's Retail Price Index data reveals a slight softening in the growth of used car retail values this month, the used car buyer is still facing price rises the longer they wait.
Stellantis has launched online direct sales of used cars in the UK today through its Spoticar division.
Voluntary terminations, voluntary surrenders and repossessions rose in May 2023 to the highest level for nearly two years, according to the Motor Auction Group.
Three-quarters of buyers have said they prefer to be left alone when browsing for a new car at showrooms, according to research by eBay Motors Group.
Aston Barclay has seen more signs the used EV sector is settling down in Q2 as prices fell by 1.4% (£329) to £22,100.
Vertu’s Bristol Street Motors has opened its latest Motornation used car dealership in Tamworth, following an investment of over £200,000.
Less than six years since its inception the Independent Motor Dealers Association has reached the 1,000 member mark.
