Stocking
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Used Cars 24 OctUsed car values dip 5.4% at auction in September, NAMA reports
Used car values fell by 5.4% at auction during September according to the National Association of Motor Auctions.
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Used Cars 11 OctUsed car prices reached record high in September, says Auto Trader
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
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Used Cars 11 OctBCA Pulse reports record used car values in September
BCA has delivered further evidence of the soaring value of used vehicle stock for car dealers during September as average prices reached the highest level the remarketing specialist has ever recorded.
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Opinion 10 OctGuest opinion: How can dealers prepare forecourts for a bitter winter?
In-line with the recent prediction from the Met Office that the UK faces its coldest and harshest winter in a decade, buyer services manager – Alex Miles – at G3 Remarketing, offers his advice to dealers on how they can prepare their forecourts now.
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Supplier News 24 Sep
Avis UK and CD Auction Group launch online car sales portal
Avis Car Rental UK will allow car dealers and trade buyers to purchase its de-fleeted vehicles via a new online sales portal developed in partnership with CD Auction Group.
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People News 10 SepNextGear Capital welcomes Amrit Singh as finance director
NextGear Capital has announced the appointment of Amrit Singh to the role of finance director.
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Supplier News 21 AugAI to drive Europe-wide success for Auto1 used car stocking business
The founder of the Europe-wide used car stocking platform Auto1 has said that artificial intelligence will help it meet the needs of retailers from Walsall to Warsaw - and avoid the effects of an economic downturn.
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Used Cars 21 AugVolkswagen Financial Services UK launches ‘Last Chance to Buy’ online auctions
Volkswagen Financial Services UK will offer car dealers the chance to buy discounted cars and vans via a new ‘Last Chance to Buy’ online auction set up in partnership with epyx.
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Supplier News 16 AugCox Automotive and Auto Trader join forces in Dealer Auction joint venture
Cox Automotive and Auto Trader have launched a joint venture to drive growth of the Dealer Auction automotive wholesale marketplace – promising car retailers a greater choice of vehicle stock.
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Used Cars 3 AugDealers highlight used stock acquisition as their number one challenge
Almost two in five dealers have highlighted stock acquisition as the number one commercial challenge in their used car business.
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Supplier News 24 JulVantage Motor Group to be ‘lead vendor’ at Aston Barclay’s Wakefield Mega Centre
Vantage Motor Group will remarket 6,000 used cars through auction houses in Donington Park, Prees Heath and a planned Wakefield ‘Mega Centre’ as part of a new solus remarketing deal with Aston Barclay.
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Car Dealer News 23 JulTootle expands online offering with car buying comparison tool
Tootle has launched a new progressive comparison tool which allows car buyers to compare offers from dealers and car buying service companies.
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Used Cars 13 JulUsed car values up 3% at Manheim auctions but down 10% on Motors.co.uk
Used car values rose 3% at Manheim auction houses and 11% on the Dealer Trade online trading platform but dipped 10% on the consumer-facing Motors.co.uk website during June, Cox Automotive has revealed.
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Supplier News 15 JunBCA Brighouse anniversary sales week to mark 45 year milestone
BCA Brighouse is set to mark its 45th anniversary with a special week of used car sales in June.
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Used Cars 13 JunDeclining diesel sales could see used petrol vehicles move ‘quickly into oversupply’, says VRA
The Vehicle Remarketing Association has warned that an oversupply of petrol-fuelled used cars is likely to result from the “dramatic shift away from diesel in favour of petrol”.
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Supplier News 30 MayAston Barclay auction app sells £5m of cars in eight months
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.
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Used Cars 17 MayThe average used car price declined 0.8% at BCA in April
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.
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Supplier News 9 MayNextGear Capital funds £50million of Dealer Auction sales through partnership
NextGear Capital has provided £50million in stock funding to hundreds of UK dealers thanks to a partnership with Dealer Auction.
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Supplier News 26 AprCazana launches Companion used car valuation tool
Cazana has launched a vehicle valuation tool enabling dealers to make “instant price decisions” based on the current retail market.
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Car Dealer News 27 FebNextGear Capital launches StockMaster for ‘on-the-go stock management’
NextGear Capital has launched the ‘first mobile wholesale funding platform’ enabling dealers to manage stock on-the-go.
