Sales of used cars at auction in July increased by 12.2% year on year and conversion levels rose to 80% from 73% in the preceding month.
The focus of the AM Used Car Conference in October will be on driving increased revenue and profitability.
NAMA's monthly auction report for July shows that during July the average value of used cars sold at auction across the board increased 4% from £5,381 to £5,595, a 14% increase versus July 2013 and reflective of the higher proportion of younger cars now in the mix.
Shortage of showroom-ready vehicles and lower footfall hits June volumes. Used car prices remain steady but conversion rates slide to 72%
