Stocking
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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 MarOEMs 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.
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Used Cars 27 FebFebruary brings first used car values decline since 2008
Used car values declined during February for the first time since 2008 as car retailers begun to show signs of "reluctance" to squeeze their profit margins any further, according to Cap HPI.
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Supplier News 21 FebEvolution Funding expansion receives LDC investment
Evolution Funding has secured investment to support its expansion from mid-market private equity investor LDC, which will take a significant minority stake.
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Opinion 21 FebHas the UK used car market undergone a seismic shift? Guest opinion
Auctions halls around the UK were heaving in 2018 as many dealers turned to the used sector to bolster profits. The result was the unusual phenomenon of high used volumes and record prices.
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Used Cars 7 FebLack of ‘quality stock’ not enough to stall used car prices, says Cazana
A lack of “good quality and desirable stock” has not been enough to stall rising used car prices as demand from consumers defies the uncertainty caused by Brexit, according to Cazana.
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Market Insight 1 FebCarGurus One Voice survey highlights car dealers' key challenges
Rising overheads, increased competition, sourcing the right stock, Government policy and Brexit are all set to impact car dealers in 2019, according to responses to the CarGurus One Voice Report.
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Supplier News 10 Jan
Additional used car stock targeted by 52% of dealers in 2019
Additional used car stock is part of the 2019 business plan of 52% of car retailers during 2019 – as 65% target growth in the sector.
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Supplier News 2 JanAuto Trader and Cox Automotive launch Dealer Auction joint venture
Auto Trader and Cox Automotive UK have completed the joint venture process to bring together their used car stocking platforms under a re-launched Dealer Auction business.
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Supplier News 13 DecTootle launches used car buying platform for dealers
Tootle has expanded into online used car retail by establishing a platform which allows car dealers to retail as well as replenish their second-hand car stocks.
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Used Cars 11 Dec
Used car dealers turning to 'alternative sources' for forecourt stock
Increasing numbers of used car dealers are turning to the classifieds and lower grade stock as demand continues to outstrip supply, according to Manheim.
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Used Cars 30 Nov
Supply constraints see used car values defy seasonal trends
Supply constraints triggered by the introduction of WLTP have resulted in used car values that have defied the usual season trends, according to Cap HPI.
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Used Cars 28 Nov
Hyundai Tucson was Auto Trader’s fastest selling used car in October
Hyundai’s Tucson SUV has emerged as Auto Trader’s fastest selling car for October after the 2015 diesel manual variant took an average of just 19 days to leave car dealer’s forecourts.
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Used Cars 27 NovFleets to defer vehicle disposal until spring 2019
Fleets will continue to delay disposal of their vehicles until next spring as many await an end to the emissions taxation uncertainty surrounding WLTP, ADESA Remarketing has said.
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Used Cars 15 NovDealers focussed on used car growth in 2019, says Manheim survey
Car retailers are preparing to accelerate their investment in used car sales for as the sector shows “no signs of slowing in Q3”, according to a survey carried out by Manheim.
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Supplier News 6 NovNextgear Capital achieves £2bn used car stock funding milestone
Nextgear Capital has said that a used car stock funding is poised for further growth as dealers look to “boost their buying power” amid rising values and a rush for stock.
