LeasePlan has announced plans to maximise value from ex-lease cars by selling directly to consumer via a new online sales platform dubbed CarNext.com.
Auto Trader's announcement that it will bypass traditional remarketing of fleet vehicles via physical auctions in a move to sell directly to dealers has been welcomed by Cooper Solutions.
Aston Barclay has seen used car purchases completed via its Buyer App hit the £5m mark just eight months after the smartphone buying platform’s launch.
The National Association of Motor Auctions has reported that average used car prices at auction rose by 5% during April as “good wholesale prices led to well-stocked forecourts”.
Auto Trader will bypass traditional auction houses in a shake-up the fleet remarketing that will enable leasing companies and larger fleet operators to sell ex-company cars direct to dealers before the vehicle is de-fleeted.
The Vehicle Remarketing Association's annual general meeting will offer delegates access to expert advice on dealing with diesel “demonisation” and the fall-out from the EU's incoming WLTP emissions and fuel consumption test regime.
Used car prices declined 0.8% at BCA auctions during April despite demand for dealer part-exchanges sending their values to above £5,000 for the first time.
Cox Automotive has indicated that the used car market remains “strong” against the backdrop of falling new car registrations.
Dealer part exchanges saw a “healthy rise in prices” on the back of strong consumer demand and restricted supplies of older used cars caused by industry scrappage deals, according to Aston Barclay.
NextGear Capital has provided £50million in stock funding to hundreds of UK dealers thanks to a partnership with Dealer Auction.
The National Association of Motor Auctions (NAMA) raised over £14,000 for the motor industry benevolent fund (BEN) during its annual AGM in Lisbon, Portugal.
Aston Barclay’s SAS training partner company Break-Point has taken the remarketing firm’s marketing efforts to the ‘top of the world’ by planting a branded flag at the North Pole.
Car dealers turning to the used vehicle market amid falling new car sales have sparked at 9.4% increase in prices at auction, according to data published by Cox Automotive.
City Auction Group has announced the renewal of a three-year remarketing contact with Santander Consumer Finance's Belfast facility.
BCA has sold a million vehicles in the UK in one year for the first time in its history following a 1,000 vehicle BMW/Mini 'mega sale' at its Perry Barr remarketing centre.
G3 has credited a 46% increase in digital bids compared to the last quarter of 2017 to the launch of its mobile inspection and asset management application, AVID.
BCA has announced that Stuart Pearson will be promoted to chief operating officer for its Remarketing Division following the retirement of Simon Henstock.
Prees Heath announces 6.5 acre expansion following a three-year remarketing contract from Santander Consumer Finance
Cox Automotive has announced the promotion of Kieran TeeBoon to the post of managing director at Dealer Auction.
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.
