UK used car sales increased slightly by 0.5% to 1,757,320 units in Q3 this year, according to the latest figures from Experian.
Following last month’s look at the pressure on margins, it’s time we turn to a less frequently discussed issue: the consumer change cycle.
Dealer part-exchange values in November remained strong at an average of £2,804.
Honda (UK) has joined forces with CAP and launched an online used car valuation tool, allowing owners of any UK registered car to obtain a valuation.
Stability in the UK used car market is expected to be undermined by pre-registration activity, according to research from CAP Black Book Live.
SMA Vehicle Remarketing has announced growth of their own transport fleet with the addition of 20 new road transporters, to ensure timely distribution of vehicles to dealers across the UK.
MotorTrade, Arval’s international e-commerce platform for used car sales exceeded the 200,000 mark at the end of September 2012.
British Car Auctions (BCA), has released new data showing that 4x4 values rose sharply in October, climbing by 16% as the first signs of winter appeared.
Mazda is relaunching its Approved Used Car (AUC) scheme to offer customers a choice of three additional forms of cover to complement the original 12 months warranty package.
HPI has launched Spec Check in response to the challenges of valuing new stock can be challenging, especially if a vehicle has a number of factory fitted options on it that could influence the price.
Used car trade values during November have weakened as supply increases and dealers become more cautious.
What Car? has launched its Approved Used brand today which offers used car stock from website TrustedDealers.co.uk which was set up by a group of franchised dealers.
MPs will debate delaying the 3p per litre rise in fuel duty from January until April and comes as motorists continue to be concerned over the rising cost of fuel.
Average used car prices have remained stable at £8,711 in Q3 with prices up very slightly at 0.03% or £2 in comparison to Q2.
All used cars from Toyota's UK operation will be remarketed through BCA from next year.
Manheim has acquired Dealer Auction, the UK online trade-to-trade vehicle remarketing channel, for an undisclosed multi-million pound sum.
Consumers are haggling dealers down by an average of £939 off the price of their new or used car.
Great Missenden Trade Centre and Chesham Trade Centre managing director Asrar Ahmed has been fined for “misdescribing” stock.
In part two of this guest blog, Chris Ford - business development director at loyalty services company Grass Roots, talks about how dealers should replicate the new car experience for used car customers in order to have a successful used car operation.
Family and friends have the biggest influence on used car buyers, ahead of their own personal experience, expert advice or a test drive.