BCA has made changes to its Market Price valuation tool in order to “provide a greater level of accuracy for customers in every aspect of their remarketing activity”.
Cooper Solutions has released tips to help motor retailers “get the best price for their stock and boost bottom line” at online auctions.
BCA generated turnover of £1m when it launched its Future Classics sales programme at BCA Nottingham.
Operators of the Dealer Auction trade-to-trade online auction platform have been celebrating after it passed a lifetime sales milestone of £1bn in July.
A BCA e-Auction at Roe Park Resort, Northern Ireland averaged 109% CAP Clean, the best single sale performance on record for Citroën.
The National Association of Motor Auctions expects the market to “remain stable” after first time conversion rates increased by 3.8% in July.
The average value of a used car rose 1.8% across the board at BCA during July, with the remarketing specialist claiming that the market “reflected a good balance between supply and demand”.
Independent Motor Auctions will boost the quantity of its used car stock at its recently acquired Blackpool facility as part of a new agreement with Arnold Clark.
BCA Marketplace profit before tax boosted to £41.1 million and group revenue has increased from £1.2 billion to exceed £2bn.
The average used car selling price in the UK increased by 4.2% in June to £5,392, according to the latest figures from NAMA.
Perrys has renewed its exclusive remarketing relationship with Manheim for its part-exchange vehicles.
Manheim Online has broken its monthly sales record in May with a growth of 12.5% year on year.
BCA's monthly Pulse report stated that there were "no surprises" during JUne as the average price of a used car fell by just 0.74%.
Manheim has held what it believes to be the first vehicle auction at sea – an off-site sale for Citroën on No Man’s Fort in the Solent.
Manheim will launch its first double-block vehicle auction in September.
New Aston Barclay chief executive Neil Hodson has revealed that a focus on technology and a new remarketing site at Donington Park will drive the business forward.
Arval and Autorola have joined forces to run weekly online used auctions.
Manheim has sold a 1988 Ford Transit Mark 3 ‘spy van’ for what is believed to be a world record price.
Trade-to-trade online auction Dealer Auction is on course to sell over 80,000 part-exchange cars this year – a 13-fold increase in eight years.
Average used car values at BCA auctions rose above £9,000 for the first time ever as traders continued to bid strongly on a wide range of stock, BCA Pulse reports.
