used cars
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Used Cars 29 OctMazda CX-5 UK’s fastest selling used car, according to Auto Trader
The Mazda CX-5 is the UK’s fastest selling used car, taking on average 24 days to sell, according to data from Auto Trader’s Fastest Selling Index.
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Used Cars 23 OctMotorway's private sellers’ car valuations rise as dealers compete for stock
Increasing competition for used car stock from private sellers has been revealed in Motorway data showing year-on-year growth in the valuations – with EVs showing a 34% increase.
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Market Insight 22 OctDemand for used cars increases as lockdown restrictions tighten
Demand for used cars has risen 15% year-on-year as franchised retailers experience a decline in sales of new cars, according to AA Cars data.
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Supplier News 22 OctAuto Trader to deliver guaranteed part-exchange tool with Cox Automotive
Auto Trader is set to roll-out a guaranteed part-exchange tool underwritten by Cox Automotive to its online car marketing platform.
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Supplier News 21 OctPistonHeads grows car dealers' leads by 86% under CarGurus ownership
Pistonheads has delivered an 86% increase in the number of car sales leads it delivers to car dealers since its acquisition by CarGurus.
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Supplier News 21 OctVRA to address new and used car market at 2021 Outlook seminar
The Vehicle Remarketing Association will cover a range of issues impacting a 2021 new and used car market which promises to be “difficult in all kinds of ways” in its upcoming outlook seminar.
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Supplier News 21 OctShoreham Vehicle Auctions' annual charity sales pledge to raise £10,000
Shoreham Vehicle Auctions has pledged to raise a minimum of £10,000 for The Chestnut Tree House Children’s Hospice with its latest annual charity auctions.
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Supplier News 20 OctBCA accused of ‘opening Pandora’s Box’ with cinch online car retail offering
BCA has been accused of “opening Pandora’s Box” by shifting its cinch online marketing platform to compete directly with its car retail customers in the online sales sector.
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Used Cars 19 OctUsed car pricing volatility to follow easing of supply shortages
Following a frantic September which saw car retailers fight to sustain the market’s COVID-19 recovery Cazana director of insights, Rupert Pontin, believes a volatile period of used car pricing trends lies ahead.
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Used Cars 19 OctAuto Trader ‘defies naysayers’ with 23rd week of used car price rises
Auto Trader has reported its 23rd week of consecutive used car price rises as the sector continued to defy the impact of COVID with values up 8.5% between October 5 and 11.
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Used Cars 15 OctPrice drop fears may end used car values’ ‘unstoppable’ strength
Aston Barclay has reported that the “unstoppable” strength of the used car market might be about to soften after increased post-September supplies start to reach remarketing centres.
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Finance 14 OctFCA motor finance changes present ‘promotional and profit opportunity’
Forthcoming Financial Conduct Authority (FCA) changes to the motor finance sector should be embraced as a “promotional and profit opportunity” by used car dealers.
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Supplier News 14 OctMotorway offers 50% off incentive to new dealers
Motorway is offering car retailers 50% off broker fees on the first two purchases made through the Motorway Pro platform during October.
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Used Cars 13 OctBCA used car values rise 3.9% as volumes rise in strong September
BCA’s average used car sale value at auction remained above £8,000 for a fourth consecutive month after values rose by 6.9% during strong September trading.
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Finance 9 OctConsumer car finance market grew 8% by value in August, reports FLA
The UK’s consumer car finance market grew 1% by volume and 8% by value during August, according to new data from the Finance and Leasing Association (FLA).
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Used Cars 9 OctUsed sports car sales surge post-lockdown
Sales of used sports cars have risen by 82% between June and august, when compared to the same period last year.
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Used Cars 8 OctConsumer demand drives 11.3% year-to-date rise in used diesel car prices
Demand for used diesel cars has driven average values up by 11.3% to the end of Q3 2020, outstripping increases among any other fuel type, according to Autrola market data.
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News 8 OctMotorpoint eyes future ‘with confidence’ after June return to profit
Motorpoint chief executive Mark Carpenter has said that the car supermarket group’s board “continues to look to the future with confidence” after a June return to profitability.
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Supplier News 7 OctAuto Trader launches RPM online car retailer masterclass hub
Auto Trader has officially launched a Retailer Performance Masterclass (RPM) online hub with the aim of providing advice and support to car retailers through a series of “bite size” best practice tutorials.
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Supplier News 7 OctManheim announces Marshall 'Mega Week' used car auctions event
Manheim will auction 1,000 used cars across five locations as part of a Marshall Motor Group mega-event running from October 12 to 16.
