SMA Vehicle Remarketing is extending its partnership with Vehicle Trading Group to offer dealers an even wider stock funding service, backed tup with on-site stock funding offices and support across the SMA network.
November has been the first month in 2013 when used car prices have fallen significantly in the trade, according to CAP.
Many motorists are still in the dark about the true value of their car, with one in three incorrect about the value of their car, according to CAP.
Average values for light commercial vehicles remained high in October, with values down by just £7 from September’s record level.
Citroen has extended its age profile on its approved used vehicle programme on from seven to 10 years.
Used 4x4 values are moving up with October showing a 7.3% increase over September, according to BCA, as demand is expected to rise into winter.
Used car values have seen the second highest rise this year since 2005 as a combination of stock shortages and market demand push prices up, according to British Car Auctions (BCA).
Volvo’s approved used car programme Selekt has seen just 0.1% of customers return cars to dealers as part of its 100% satisfied policy.
Rapid expansion of model variations in the car market is posing the risk of growing confusion for tomorrow’s used car trade, according to CAP Automotive.
Dealers should not expect any shocks or dramatic activity in the used car market in Q4 as reduced values and increased supply have set the scene for a ‘soft landing’ according to CAP.
Manheim is launching a vehicle stock funding programme in the UK next year called NextGear Capital UK.
Vauxhall dealers which will be offering a £500 discount on approved used cars as part of a Network Q promotion.
Research by Accident Exchange has revealed that up to 300,000 cars previously involved in an accident could return to dealer forecourts by 2016.
Motors.co.uk will launch a national television advertising campaign in the latter part of 2013 as part of its push to raise its awareness with consumers.
Skoda dealers in the UK will now use Autorola’s remarketing system to help their used car operations grow.
Trusted Dealers, the online used car classified business operated in partnership with the National Franchised Dealers Association (NFDA), has launched an independent consumer helpline.
Recovery in the German car market is likely to end the cheap new car bonanza that has benefited hundreds of thousands of UK motorists this year, according to CAP Automotive.
The full line-up of speakers at AM’s Used Car Market Conference will collectively deliver one of the most informed and accurate insights into the market at one venue in one day when they take to the stage this week.
Increased used car stocking days aren’t a worry if the alternative is sacrificing good products, finds Philip Nothard.
Average values continued to rise in the used car market in September according to BCA’s latest Pulse report, with both fleet/lease and dealer part-exchange values reaching record levels.