Petrol cars are making a strong come back in the used market as buyers realise they do not cover enough miles to justify the extra purchase price and higher fuel prices connected with a diesel model, says Autorola.
Online auction company G3 Remarketing has taken a five-year lease on a former Warburton Bakeries distribution centre off junction 30 of the M62.
The Independent Garage Association (IGA) is outraged by recent Citizens Advice findings suggesting that independent used car dealers and garages are the top cause of consumer complaints.
The National Association of Motor Auctions (NAMA) said the average values of used LCVs at auction increased by 2% in February.
Independent used car dealer McCarthy Cars has been named as first RAC BuySure dealer, spearheading the motor organisation’s used car initiative.
Saab Parts UK is promoting the sale of used Saabs after its used car locator helped to generate 1,000 sales in 2012.
Dealers continue to reap the benefits of rising part-exchange values as prices reach an all-time high, according to Manheim’s latest monthly Market Analysis.
Wilsons Auctions has been named one of Ireland’s ‘Best Managed’ companies for the fourth year in a row at the Deloitte Best Managed Companies Awards in the Burlington Hotel in Dublin.
Independent used car retailers are low on stock and struggling to replace sold cars, according to CAP.
The RAC will enter the online used car classifieds market following its acquisition of Netcars.com.
If internet shopping can topple high street chains like HMV and Jessops, it’s tempting to ask motor dealers looking to replenish or dispose of stock: Why go to an auction hall?
By far the most controversial debate of last year was around the rise in pre-registration activity. So it is hardly surprising that it’s still a hot topic as we look ahead to 2013.
Sales, enquiries and test drives all rise, as market follows usual seasonal trend
High demand sees values for fleet and dealer cars continue to rise in January
Fears that motorists will steer clear of this month’s ‘13 plate’ new cars are unfounded, say CAP.
Average used car prices fell by 2.4% in 2012 down £217 to £8,806, according to the latest Auto Trader Retail Price Index.
Retail demand for used cars is stronger than at any time since September last year, according to CAP.
British Car Auctions reports that used car values continue to climb as stock remains in short supply.
Dealers should be looking ahead to a good year as part-exchange values continue to follow an upward trend, according to Manheim’s latest monthly Market Analysis.
There has always been a common belief in the trade that a newer vehicle in competition with new product represents a smaller profit opportunity than an older car might.