Supercars and luxury vehicles often outperformed valuation expectations to feature strongly among the most impressive performers at auction during 2017, according to BCA.
A record week of used car trading got 2018 off to a strong start for BCA as the remarketing specialist experienced increased buyer demand in strong New Year trading.
2018 will be a year of relationship building for savvy remarketers – of positioning themselves as helpful, informative and strong partners to dealers.
The National Association of Motor Auctions has reported that used car prices rose by 2.4% as average mileages fell by 0.8% at auctions during December.
BCA will harness the “digitally-driven international business” experience of new chief marketing and data officer Dene Jones to help meet customers’ changing needs, the remarketing specialist has said.
BCA Partner Finance is celebrating record levels of demand after funding over 100,000 vehicles with its used car stocking facility over the past 12 months.
Used car prices fell by 3.5% as conversion rates declined during November, according to The National Association of Motor Auctions’ (NAMA) monthly car auction data.
BCA has appointed Stuart Gibbons to the new role of director of buyer services in a bid to drive forward the development of new services for customers and improve buyer experience.
Santander Consumer Finance will make its debut at Aston Barclay’s Prees Heath fleet sale after adopting a second remarketing provider for the first time in a decade.
Cox Automotive has reported "great stability" in the used car sector during the last quarter of 2017, suggesting that car supermarkets will help to drive things forwards into 2018.
Used car prices at BCA auctions rose to a record high for the third month in a row following a marginal 0.4% increase during November.
BCA has attributed a spike in sales penetration on its Live Online platform to a “weekend of heavy snow”.
BCA Marketplace has reported a 28.8% rise in revenues as the growth of WeBuyAnyCar.com and growing auction volumes took effect in the six months to October 1.
The National Association of Motor Auctions (NAMA) has published its report for October 2017, showing drops in conversion rates and average value.
Shoreham Vehicle Auctions annual charity auction for Chestnut Tree House children’s hospice raised £22,000 thanks to the generous donations of kind-hearted car dealers.
Cox Automotive claims that a mixed market in October has resulted in an increase in retail and stock funding sectors as wholesale divisions continue to show signs of slowing down.
BCA’s has seen used car prices rise to a new record high in October, with values rising 2.7% to £9,364.
BCA Partner Finance has launched exclusive weekly sales for its customers at BCA Wolverhampton and BCA Manchester.
Burrows Motor Group has agreed a solus remarketing deal with Independent Motor Auctions’ Leeds facility.
A string of fatalities at US auctions has prompted the formation of a safety sub-committee at the Vehicle Remarketing Association.
