AM Online

Dealer-Auction figures show increased profit per vehicle in April

The latest figures from Dealer-Auction show that average used car values were slightly down in April (from £3,058 in March to £3,019), while profit per vehicle increased to £162.41, a healthy 5.38% uplift on the previous month.






Average CAP clean performance remained steady at 97%.



Again there were slightly different trends in the premium sector. The average value for a premium model was £5,735 in April, up 1.5% from March. Premium models also enjoyed an increase in profit per vehicle of £182.45, an uplift of 3.2%. 






However, performance against CAP clean in the premium segment was down a notch.



Gavin Smith, director of Dealer-Auction, explained: “The increase in volumes at the beginning of April has pushed the average values down very slightly and the Easter break eased demand a little.

“However, towards the end of the month, we have seen the demand building quite rapidly and the number of vehicles achieving reserve prices on first time listings considerably higher.”

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest

Login  /  Register


No comments have been made yet.