Car dealers are concerned that pre-registrations and low monthly payments are damaging residual values and profit margins
Motorpoint is poised to officially open its new site in Castleford with a giant slot car race aiming to get footfall on track.
A car supermarket boss has been jailed for two years after channeling financial transactions related to 900 vehicles through a valet’s bank account to avoid paying tax.
A used car dealer who admitted selling five clockedcars – selling one of them twice – has escaped an immediate custodial sentence.
BCA has appointed Dominic Burr as general manager of its state-of-the-art Perry Barr remarketing centre near Birmingham.
BCA has announced an exclusive two-year remarketing agreement with top AM100 dealer group JCT 600.
Convertibles and city cars outperformed the market by increasing their value in a used car climate of decreased margins but “healthy demand”, Cap HPI has reported.
Used car specialists Bunning Garages has become the latest addition to the MG franchised dealer network.
A used car dealer who sold his employer’s stock to fund a gambling addiction has been handed an eight month suspended jail sentence and ordered to complete 180 hours of unpaid work.
There would be "significant uncertainty" over used car values if the UK left the EU following the June referendum, says Glass's this morning.
Former air steward Chris Dickson is flying high in career with Jennings Group following promotion into sales controller role.
The average selling prices of part-exchanged 4x4s rose at Manheim’s auctions in February.
Completion of BCA’s 20-acre auction site at Perry Barr is set to begin two years of growth for the remarketing specialist.
The internet has radically changed the part-exchange and disposal process for many dealers, from valuing trade-ins accurately to remarketing stock online.
Corroded suspension and exhaust faults which could have allowed carbon monoxide inside a car were among issues that landed a used car dealer with a year in jail.
Aston Barclay turned dealer trade-ins into cash within 48 hours customers dropping off their vehicles to collect new 16-plate models.
Strong demand drove up used values by an average of 0.4% in February.
Auto Trader’s biannual market report has highlighted the "death of haggling" as a key characteristic of the changing automotive market over the past 12 months.
A used car salesman who sold vehicles to fund his gambling addiction faces jail after his case was referred to the Crown Court.
Data from the major motor auctions shows that ex-fleet stock is failing to reach the values of a year ago, although dealer part-exchanges are faring better.
The boss of online car selling platform claims that the inconsistency of prices paid by dealers for used cars can lead to customers "feeling like they are being ripped off".
A split between 'two tribes' of trade buyers - those who buy almost entirely online and others who remain motor auction-based - is becoming increasingly apparent.
Motorists buying into an automatic gearbox need not gear up for a loss when their vehicle is sold, according to remarketing specialist Autorola UK.
A 16 month jail sentence has been handed to a used car salesman who slashed 30,000 miles off the clocks of two cars and mocked complainants.
Almost a quarter of a million used car buyers may have made their purchase without taking a test drive in their chosen vehicle, research by webuyanycar.com has revealed.
