Aston Barclay will host two e-Live online auction events between Christmas and the New Year to help dealers source used car stock during the festive period.
Used car values declined or remained static as Aston Barclay continued to trade vehicles online throughout November’s COVID-19 ‘Lockdown 2’in England – maintaining 70% of its usual capacity.
Signs that the used car market is starting to soften are becoming apparent and UK remarketing centres with demand and pricing predictions “becoming more difficult” at each sale, according to Aston Barclay.
Aston Barclay has confirmed it will never sell used cars to consumers in competition with its dealer customers, following the launch of rival firm BCA’s new cinch offering.
Aston Barclay has reported that the “unstoppable” strength of the used car market might be about to soften after increased post-September supplies start to reach remarketing centres.
BCA has reported that “exceptionally strong interest” in LCVs saw vehicles selling for an average of 13% over guide value expectations during August.
Aston Barclay has launched a new dedicated LCV sale at its Donington Park site, as part of its expanding focus on commercial vehicles.
Just as car dealers have had to adapt to responsible retailing standards, with PPE, limits on customers and virtual meetings, so automotive industry suppliers have had to play their part.
Vantage Motor Group has further strengthened its part-exchange used car remarketing relationship with Aston Barclay.
Soaring demand for vans after COVID-19 triggered a home delivery shopping culture across the UK triggered a 20.8% rise in used values during Q2, according to Aston Barclay.
Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
Before the lockdown, many of the UK’s largest motor auction and remarketing companies were enjoying successes in signing deals. Now, as the sector gears up to return to normal, they are well placed to support the recovery.
Leasing giant Zenith has chosen Aston Barclay as its remarketing services supplier, awarding it a two-year contract.
COVID-19 has rendered physical car auctions a no-go zone for 23% of car retailers in the short- to medium-term, Cox Automotive’ s latest dealer sentiment survey has revealed.
The UK’s used van market will recover faster than its car equivalent following the COVID-19 coronavirus lockdown as businesses turn to commercial vehicles to re-start their operations, Aston Barclay has predicted.
The high-demand for sub-£10,000 used cars seen in Q1 is expected to continue when the COVID-19 coronavirus lockdown is lifted, according to Aston Barclay.
Aston Barclay’s auctions centres in Prees Heath and Wakefield have enjoyed a record start to 2020 as demand for record used car volumes continues.
CitNOW is a video technology and insight provider to 98% of the AM100, as well as 43 manufacturers, with its products supporting 3,898 retailers.
Cargiant has renewed its exclusive remarketing contract with Aston Barclay to continue a relationship which has delivered £87 million of used car sales in the past five years.
Aston Barclay has reported an 8.5% rise in the value of used cars in 2019 as every single market segment delivered a price increase.