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.
Mitsubishi Motors in the UK is selling its fleet of heritage cars at a no reserve auction that will run from April 1 to April 30.
CD Auction Group has partnered with automotive technology company Reemaq to launch a new vehicle logistics service for car dealers.
Aston Barclay has partnered with the AA and VMS Group to provide its used car buyers with vehicle checks and a buyer guarantee before making their next stock purchase.
Light-commercial vehicles (LCVS) have achieved record values for the third consecutive month at BCA sales.
Car retailers have returned to auctions in February after January experienced “price sensitive” trading as they stocked forecourts with sub-£12,000 price vehicles, according to Aston Barclay.
Car auction firms believe that values for used petrol and diesel cars will remain strong or could increase, despite a decline in the used car market.
G3 Vehicle Auctions have announced the development of its new wheelchair accessible vehicles (WAV), light commercial vehicles (LCV) and motorbike auction centre in Leeds.
The Independent Motor Dealers Association (IMDA) has appointed Aston Barclay as its new auction partner.
A slowdown in consumers’ car buying activity and uncertainty when the current COVID-19 ‘Lockdown 3’ restrictions will end was the catalyst for a fall in used car trade prices in January.
Manheim Auction Services has announced a new two-year contract with online used-car dealership, Carzam.
BCA has secured remarketing contracts with Glyn Hopkin, Group 1 Automotive, TrustFord and LeasePlan in the first few weeks of 2021.
Car auctions have indicated that it will remain business as usual for stock-sourcing dealers during the latest COVID-19 lockdown across the UK.
Aston Barclay will host two e-Live online auction events between Christmas and the New Year to help dealers source used car stock during the festive period.
Motorway will reveal private car sellers’ reserve price after retailers requested the functionality to help better pitch their bids.
Used car values declined or remained static as Aston Barclay continued to trade vehicles online throughout November’s COVID-19 ‘Lockdown 2’in England – maintaining 70% of its usual capacity.
