Stocking
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Used Cars 11 DecUsed 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 NovSupply 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 NovHyundai 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.
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Used Cars 26 OctUsed stock shortages trigger rush for poorer condition cars
A race for vehicle refurbishing services could be sparked by used car stock shortages which are leading car dealers to downgrade the condition of stock they are buying to fill their forecourts, according to the Vehicle Remarketing Association.
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Used Cars 25 OctManheim highlights ‘supercharged’ used car stock demand
Manheim has forecasted a buoyant end to 2018 for the used car market following an uplift in buyer activity during September - describing demand for the right stock as "supercharged".
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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.
