HR Owen has agreed a remarketing deal with BCA that will see high-end luxury vehicles sold at the auction group’s Blackbushe facility as part of a regular Top Car event.
Used car prices rose by 11.2% year-on-year in February as buyers continued to compete strongly for stock despite rising volumes of vehicles entering the market, according to BCA.
Motorline has agreed an exclusive remarketing deal with BCA across its 43 sites as part of an agreement which will include the sale of 200 cars per week.
Strong demand and rising used vehicle volumes drove BCA Partner Finance to a record month, with over 500 units a day being funded throughout January.
Used car values rose at auction in January as buyers competed for stock in a strong market, according to the monthly BCA Pulse report.
BCA’s 20-acre remarketing and logistics facility at Perry Barr was officially opened by the Lord Mayor of Birmingham.
BCA has combined its operations create the largest fleet of vehicle transporters in the UK as part of a restructure of its supply chain to improve support for manufacturers and fleet operators.
BCA has reported its highest average monthly penetration seen this year of 27% as its Live Online platform broke records during November.
Value of 4x4s are on the increase thanks to the drop in temperatures and icy conditions.
Average values stalled in November as rising volumes of cars put pressure on lower quality stock, creating “a two-tier market as volumes climb”, according to the latest BCA Pulse report.
BCA will aim to put digital services at the heart of its future plans after seeing a 25% increase in online sales over the past 12 months.
A new outsourced vehicle remarketing deal has been agreed between BCA and PSA UK.
BCA Marketplace plc has announced that Matthew Kelly has joined the business as group finance director.
Average used car values have continued to climb throughout October, according to BCA.
A vehicle auction with lots from BMW, Mini and Alphabet launched BCA's new Perry Barr, Birmingham auction centre last week.
BCA is targeting growth in the South West with a bigger role for Steve Paine who will take on responsibility for the Bridgwater auction centre.
Imperial Car Supermarkets has signed a remarketing deal to dispose of part-ex cars exclusively through BCA auctions for the next two years.
BCA has appointed Bertrand de Techtermann into the new role of European Operations Director as it targets expansion in the region.
BCA’s 20-acre, multi-million pound, remarketing and logistics facility at Perry Barr, Birmingham will open on October 13.
BCA has appointed Craig Purvey as chief commercial officer.
