The issue of increasing pre-registrations is very real as dealers seek to drive through volumes tol release the bonuses that are a vital part of profitability.
NAMA has seen a 20% drop in volumes of vehicles under two years old in October, showing dealers are effectively managing near-new stock.
The average sale price of a used car increased by 0.9% to £5,441 from £5,263 in October, according to the National Association of Motor Auctions (NAMA).
The growing use of pre-registrations has yet to feed any significant impact into auction values or volumes, according to the NAMA.
Average sale prices decreased by 3.5% from £5,588 to £5,391 month-on-month, according to the latest report from the National Association of Motor Auctions.
The focus of the AM Used Car Conference in October will be on driving increased revenue and profitability.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues