Average used car values fell by 5.2% in June, according to the latest figures from the National Association of Motor Auctions (NAMA).
The National Association of Motor Auctions (NAMA) has published its report for October 2017, showing drops in conversion rates and average value.
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.
The National Association of Motor Auctions (NAMA) is urging fleets to provide more information about vehicles they de-fleet through its members’ sites.
The National Association of Motor Auctions said that an “increasing level of supply” had led to a 35% uplift in used van sales through its members in 2015.
Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to the latest NAMA analysis.
Sales of used cars at auction in July increased by 12.2% year on year and conversion levels rose to 80% from 73% in the preceding month.