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.
The average selling price of a used van has remained above £10,000 for the second consecutive month, at Manheim auctions.
A new online platform has launched that showcases stock from all National Association of Motor Auctions (NAMA) members in one place.
Premium SUVs and used sports cars are the most in-demand stock in July across Aston Barclay’s physical and online auction channels.
British Car Auctions (BCA) is utilising robotic process automation (RPA) to help improve process handling and customer service.
Aston Barclay has released its June used car desirability index with SUVs remaining the most in demand used car with UK buyers.
Dealers can benefit from additional used car profit opportunities in the current wholesale market now they can attend physical auctions again, according to Shoreham Vehicle Auctions (SVA).
Aston Barclay has ranked the UK’s 25 most desirable used cars to showcase the capabilities of its new desirability index.
Aston Barclay’s decision to allow car buyers to return to its auction halls when COVID-19 ‘Lockdown 3’ ended in April has delivered a 17% uplift in attendances.
A collection of 38 vehicles, known as The Leonard Collection, are being auctioned with no reserve by Collecting Cars.
The sale of Mitsubishi Motors in the UK’s heritage fleet has concluded with a world-record price achieved for its Lancer Evolution VI Tommi Mäkinen Edition.
Cox Automotive has acquired German dealer-to-dealer online auction business pkwNOW.
BCA has revealed that used car values rose by an average of 15.8% as traders’ stocking demands ramped-up in the week of the April 12 reopening of showrooms in England and Wales.
Manheim Auction Services has said that it will continue to waive its online car buying fees and offer free vehicle collection as part of its Accelerate package of COVID-19 recovery support.
Auction companies are predicting that values for used petrol and diesel cars will remain strong as the country emerges from lockdown and consumer confidence improves.
Aston Barclay has reported that its used car sales volumes in a COVID-19 hit Q1 were a match for those of the same period in 2020.
Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.
Used car dealers have transitioned to a multi-channel strategy for stock acquisition following the coronavirus pandemic, according to Nextgear Capital.
Vauxhall is selling nine vehicles from its heritage collection in a no reserve auction on April 27.
Aston Barclay is preparing to welcome car and van retailers back to its auction halls after 84% of buyers voted for a return to physical trading.