Stocking
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Used Cars 6 FebEV and used car supply central to 2020 success, dealer survey finds
Supplies of EVs and used cars, consumer demand and efficiency issues will all impact car dealers in 2020, with 54% anticipating increased pressure on profit margins according to a Cox Automotive sentiment survey.
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Supplier News 3 FebCD Auction launches ‘on the move’ used car stocking app
CD Auction Group has launched its used car stocking app as it looks to back-up predictions that the number of vehicles sold off-site will soar to 50% in 2020 following.
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Used Cars 30 JanUsed car market bucks January trend with 0.6% price rise
Used car dealers’ efforts to “buy up as much stock as physically possible” saw January buck an eight-year trend of declining January values with a 0.6% increase, Cap HPI data has indicated.
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Used Cars 24 JanSUVs were UK’s fastest-selling used cars in 9 months of 2019
UK motorists realised their love of SUVs last year as the segment led Indicata’s monthly fastest-selling cars rankings for nine out of 12 months.
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Used Cars 20 JanUsed car values declined 1.2% at BCA in December
The average value of a used car offered for sale at BCA’s auctions declined by 1.2% during December, but maintained the month’s fourth highest value on record.
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Used Cars 23 DecSUV and premium used car stock mitigate 3.5% value decline
An influx of SUVs and premium vehicles into the used car sector has helped to mitigate a 3.5% decline in values year-on-year, according to Auto Trader’s monthly Retail Price Index.
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Supplier News 2 DecGlyn Hopkin halves used car stocking days on drive to 14,000 sales
Glyn Hopkin claims to have halved its used car days in stock within 30 days after rolling out a new group-wide focus on ageing stock and introducing new pricing parameters.
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Used Cars 21 NovEfficient used car sales vital to 2020 dealer profits, says epyx
Franchised car retailers will have to continue to drive the efficiency of their used car sales in order to maintain profitability during 2020, according to epyx.
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Used Cars 22 OctCar supermarket stock grew 11% to capture September buyers
Car supermarkets grew their stock of used vehicles by an average of 11% during September in an effort to capture car buyers looking to buy in the key number plate change month, Motors.co.uk has reported.
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Opinion 10 SepRemarketing: what’s in store over the next 5 years? Guest opinion
Physical car auctions in the UK have remained fundamentally unchanged for decades.
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Used Cars 22 Aug
Car supermarket stock decline sparked July sales slowdown
Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
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Latest News 23 JulPetrol powertrains UK’s top 10 quickest selling used cars
Petrol powered vehicles dominated Indicata's monthly rankings of the UK's fastest-selling used cars during June.
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Market Insight 8 JulRDE2 ‘unlikely’ to have WLTP-like impact, says Cox Automotive
Car dealers concerns about the roll-out of the new RDE2 Real Driving Emissions car testing standards in September are ‘unlikely’ to manifest themselves in a WLTP-like impact on the market, according to Cox Automotive.
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Supplier News 25 JunMotorway’s £11m funding round fuels ‘Pro’ car buyer comparison platform
Motorway has launched a new ‘Pro’ version of its stock acquisition platform following the completion of an £11 million funding round to drive further growth for the business.
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Used Cars 21 JunHyundai Tucson and Vauxhall Crossland X sold fastest in May, says Indicata
Hyundai’s petrol-powered Tucson SUV was the UK’s fastest selling used car for a third consecutive month as it was joined at the top of the fast-turn rankings by Vauxhall’s Crossland X during May.
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Used Cars 14 JunDealers increased stock levels in May, reveals Motors.co.uk
Car retailers increased their stock of used cars by an average of 15% in May but took longer to sell vehicles according to analysis of year-to-year trends analysed by Motors.co.uk.
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Opinion 4 JunBrexit is not to blame for vehicle value fluctuations - guest opinion
Brexit is yet to have an impact on used car values in the UK according to Cap HPI’s latest analysis of the UK automotive sector.
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Used Cars 24 MayEV demand is pushing used prices ‘out of reach’, says Auto Trader
Car buyers searching for a used electric vehicles (EVs) are being "pushed out" of the market by prices after average values rose by 11% to £23,361 during April, Auto Trader’s Retail Price Index has revealed.
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Used Cars 27 MarUsed car stock levels rise, says Motors.co.uk
Used car stock levels have risen by 12% year-on-year, according to Motors.co.uk.
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Used Cars 15 Mar
OEMs are retaining more ex-lease vehicles for franchisees, says epyx
Manufacturers are repatriating increasing numbers of ex-lease vehicles back into their franchise dealer network as demand for quality used stock increases, reports epyx.
