Used car sales slowed in the UK’s car supermarkets as franchised retailers' growing stock levels sped-up their stock turn during July, according to the latest data from Motors.co.uk.
Conversion rates are expected to increase at the UK’s car auctions during August as the number of used cars entering the market struggles to meet the demand from car dealers.
Strong demand for used diesel vehicles has resulted in a 5.6% increase in values during Q1 as part of an apparent resurgence in popularity, according to data published by Autorola.
The National Association of Motor Auctions predicts that February will be a “strong month” for auction houses as volumes and conversions rates are expected to increase.
The used car markets record-breaking performance in 2018 is expected to continue this year, predicts the National Association of Motor Auctions (NAMA).
Petrol powered used cars showed signs of increased popularity against their diesel counterparts at auction during November, according to statistics published by NAMA.
Used car prices rose 8.8% month-on-month and 8.1% year-on-year at auction houses across the UK during July despite a lower first-time conversion rate indicating a greater level of available stock, NAMA has reported.
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 monthly car auction data report today for May 2018.
The National Association of Motor Auctions has reported that average used car prices at auction rose by 5% during April as “good wholesale prices led to well-stocked forecourts”.
The National Association of Motor Auctions (NAMA) raised over £14,000 for the motor industry benevolent fund (BEN) during its annual AGM in Lisbon, Portugal.
The average price of a used car sold at auction rose by 16.7% year-on-year in February, according to The National Association of Motor Auctions (NAMA) car auction data.
Premium used cars struggled to achieve top values at auction as hammer prices painted a “subdued” picture during January, according to the National Association of Motor Auctions (NAMA).
The National Association of Motor Auctions has reported that used car prices rose by 2.4% as average mileages fell by 0.8% at auctions during December.
Used car prices fell by 3.5% as conversion rates declined during November, according to The National Association of Motor Auctions’ (NAMA) monthly car auction data.
The National Association of Motor Auctions (NAMA) has published its report for October 2017, showing drops in conversion rates and average value.
The National Association of Motor Auctions (NAMA) has reported a 13.6% rise in the average used car price as the average mileage at auction reached their lowest point on record.
Average used car selling prices saw a 7.5% increase at auction in August as retailers looked to fill their forecourts for September, the National Association of Motor Auctions (NAMA) has revealed.
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.
First time conversation rates at auction increased in February by 2.6% to 83.4% - the rate was down by 0.5% on the same period last year.
