The volume of used diesel cars going under the hammer reached an all-time low in Q2, according to Aston Barclay’s latest monthly used market report.
Diesel cars remain the UK’s fastest selling used cars and continue to buck the trend of declining values, Aston Barclay has told the BVRLA.
With retailers operating in an increasingly challenging used car environment where stock is in short supply and prices are continually adjusting, it has become even more imperative to price used vehicles correctly to both maximise margins and maintain stock turn.
Mark Hankey has joined Aston Barclay’s ‘new look’ sales team as chief revenue officer.
Aston Barclay has reported that it expects high demand for used vehicles “well in to 2023” after seeing used fleet car values rise 50.6% in a year and voicing predictions of a diesel car comeback.
Aston Barclay’s newly-appointed chief executive Tom Marley has said he wants to “catapult the group to higher growth” after negotiating the challenges of COVID-19 and vehicle supply shortages.
Aston Barclay has been appointed as The Independent Motor Dealers Association’s (IMDA) official auction partner for 2022, following a “successful” first year.
Used car dealers are focusing on sub-£15,000 models from mainstream brands this month, following a period of high demand for premium-badged cars.
The Tesla Model 3 has been declared the most desirable used car and electric vehicle (EV) of 2021 for dealers by Aston Barclay.
Aston Barclay has said the seasonality of the March and September-centric car retail market has been side-lined as supply shortages triggered 40% price rises in just nine months.
Aston Barclay achieved its strongest ever conversion rates in September, along with record prices.
Aston Barclay has enhanced its digital platform to enable finance houses to repatriate used cars back into franchised dealer networks.
Premium SUVs and plug-in vehicles have dominated Aston Barclay’s used car desirability index for September.
Aston Barclay has appointed Nick Franklin to its sales team as head of business development.
Premium SUVs and saloons from the likes of Lexus, BMW and Land Rover are the most in demand vehicles at Aston Barclay’s physical and online auction channels in August.
A van desirability index launched this month by remarketing group Aston Barclay has highlighted intense market demand for used Volkswagen Transporter LCVs.
Premium SUVs and used sports cars are the most in-demand stock in July across Aston Barclay’s physical and online auction channels.
Arnold Clark has launched a new weekly dealer sale at Aston Barclay’s Prees Heath site as part of an extended remarketing agreement.
Aston Barclay has released its June used car desirability index with SUVs remaining the most in demand used car with UK buyers.
Aston Barclay has ranked the UK’s 25 most desirable used cars to showcase the capabilities of its new desirability index.
