Sharp decline in sales in December, but 12-month comparison is much rosier
Increased numbers of high-value cars helped push prices up to a new level
Motorists will be the winners in this year’s push to increase new car registrations in Britain, according to CAP.
Over half of motorists are changing their driving habits and considering a more fuel efficient vehicle due to the rising cost of fuel.
A ‘slower than usual’ start to 2013 gave way to increasingly brisk trading in the used car market as January wore on, according to CAP.
BCA has been awarded a two year solus contract renewal to deliver vehicle remarketing services to Kia Motors UK.
Renault's budget brand, Dacia, has demonstrated that inexpensive cars are often the best performers for depreciation.
SMA is launching a smartphone application which will allow trade buyers to bid for SMA online stock, see the vehicles in the live sales, listen to important auctioneer announcements and hear bids as they join an online SMA auction.
The latest research by Van Trader shows that the most searched van in 2012 was the Ford Transit, just ahead of the Volkswagen Transporter.
BCA’s latest Pulse data shows average LCV values rose sharply in December in a short month for trading that was also very short of stock.
A former Aston Barclay executive is heading a new remarketing venture.
Autorola has launched a new online remarketing service aimed to help dealers speed up the sale of unwanted stock that hasn’t sold first time at physical auction.
The value of dealer part-exchange vehicles peaked again in December, resulting in an annual increase of 22.83%, according to Manheim’s latest barometer of the auction market.
Auto Trader has confirmed an online classified partnership with Yahoo! Cars, UK & Ireland to incorporate its new and used car search into its website.
Used vehicle return on investment is up to 90.6% in the last 12 months, research reveals, as dealers acknowledge the significant contribution the business can make, particularly to counter the on-going fall in aftersales revenues.
Next month will see the launch of the latest digital remarketing venture aimed at helping dealers to source retail stock and liquidate unwanted part-exchanges.
Ford Fiesta, Britain’s best-selling car, has been declared Used Car of the Year 2012 by CAP.
New App Brings Dealership Stock Search Facility to Facebook
Autotrade-mail, the online used car trading network, warns that dealers who only use auctions to dispose of their part exchange vehicles may be compromising the values achieved.
A depressed new car market has brought used car operations to the fore for most franchised dealers. But with some two miillion fewer new car registrations over the past five years, that has created its own set of challenges for this market segment.