Electric vehicle used values rose by 41% during Q1 of 2018 as the overall average used car value rose by 5.3%, according to Autorola.
Independent car retailer Cartime is already celebrating a bumper 2017/18 ahead of an anticipated end-of-year turnover of £34 million – 20.5% up on its previous reporting period.
Part-exchange vehicles posted strong performance at auction during March to deliver a boost to car dealers at the end of Q1, according to new figures from Cox Automotive.
Strong competition for used car stock saw prices rise by an average of 1.7% at auction, according to the monthly BCA Pulse report.
Neil Smith, operations director, Imperial Cars, outlines why he believes investment in automated processes, technology and people will improve used car profits
Scotland has welcomed its fourth Porsche showroom after Peter Vardy officially opened its new Porsche Centre Perth facility.
BCA has started the “major development” of its Nottingham remarketing and defleet centre with a new auction lane complex.
Car retailers posted a monthly loss of £18,000 in February as new car margins continued to deteriorate ahead of a disappointing month of registrations in March.
Amid news of a 10% UK showroom sales decrease since 2010, a Servicing Stop survey has revealed 64% of motorists are likely to buy their new or used car online.
Manufacturers are being urged to “learn from past mistakes” in order to capitalise on the anticipated surge of EV sales.
Mercedes-Benz Cars UK has taken to YouTube and television to promote its Approved Used Cars offering in a ‘Perfect Match’ multi-media advertising campaign.
Decline in overall enquiries reflects struggle to replicate record Q1 in 2017, but online enquiries for new and used cars buck the trend, Dealerweb reveals.
Mercedes-Benz Cars UK has appointed Rachael Thompson as sales director and Krishan Bodhani has been promoted to used cars and remarketing director.
Ford has announced the launch of its "first" sales channel for trade parts,‘Parts Plus’, aimed at independent repairers.
New drivers are spending an average of £4,627 on their first car, with the Ford Ka the most popular model.
South coast automotive group Hendy will open a Car Store used car showroom in Ferndown, Dorset, next year.
BCA raised more than £1,000 for Royal Brompton & Harefield Hospitals Charity during the Motorline Mega Sale at BCA Paddock Wood on Wednesday, March 14.
Johnsons Cars has signed a three-year deal with BCA which will see the car auction specialist manage the remarketing of over 20,000 vehicles for the group.
Cap HPI has reported that used car prices have risen an “eye-opening” 1.2% since the start of the year, following a 0.4% increase so far in March.
Prestige used car dealer Maundrell sold a sought-after Porsche 911 RS to a buyer in Singapore, using a CitNow video.
Buyacar has highlighted car dealers’ “dash to pre-register cars” by identifying the top 18-plate used car bargains for potential customers – just weeks after the March plate-change got underway.
BCA has announced the trial of a new mobile buyer app following feedback from its customer base, so customers “never miss an opportunity”.
Mercedes has some way to go to provide a premium online buying experience adequately supporting its dealers.
The average price of a used car sold at auction rose by 16.7% year-on-year in February, according to The National Association of Motor Auctions (NAMA) car auction data.
Auto Trader’s masterclass at the AM DigiTech conference will identify the best used car dealers in the sector and offer 12 tips on how to improve performance.
