Most customers still prefer using franchised dealers for part-exchange valuations over online platforms. according to recent research from JudgeService
Dealers are being urged to test drive part exchange vehicles due to the increasing age of vehicles being traded in by customers, according to SVA.
Less than half of consumers who wanted to carry out a valuation on their part ex as part of an online buying journey were able to do so, according to new data.
More than 20 dealer groups, operating 740 showrooms, are making use of Cox Automotive’s eVA Valuations and Appraisals tool.
Auto Trader has launched a new incentive to encourage car buyers using its platform to part exchange their existing vehicle.
Heycar has extended its Trade Up cashback scheme for dealers until September.
A new online platform to help dealers manage the part exchange process has launched.
Dealers switching to a digital-first sales model in the wake of the coronavirus pandemic should consider taking making part exchanges an offline process if they want to get the best results, says iVendi.
The number of car buyers visiting dealerships that are less than five miles from their home has risen by 65% since the Coronavirus pandemic lockdown started.
Click2trade, an online vehicle auction platform, has launched in the UK following a year of operation in Holland as BAS.
COVID-19 social distancing measures are putting dealers at a higher risk of fraud in the part-exchange process, according to Cap HPI.
The volume of cars passing through UK remarketing centres looks set to stabilise during March following a “few months of strong growth”, according to NAMA.
Group 1 Automotive will put up to 20,000 vehicles through BCA's auctions annually under a new exclusive remarketing contract.
Vauxhall is offering car buyers a minimum £4,000 guaranteed scrappage allowance or £3,000 extra part-exchange value as part of its new scrappage-style Trade-Up sales campaign.
Imperial Cars operations director Neil Smith discusses the challenge of becoming more transparent with customers' trade-in cars.
Car dealers can improve customer satisfaction by providing online part-exchange prices and simplifying the administration process at point of sale.
BCA Paddock Wood sold a record-breaking 620 vehicles during its one-day Motorline Mega sale.
Dealer part exchanges saw a “healthy rise in prices” on the back of strong consumer demand and restricted supplies of older used cars caused by industry scrappage deals, according to Aston Barclay.
Remarketing group Aston Barclay has secured a contract with Peugeot Citroen Retail Group to auction more than 8,000 unwanted trade-ins annually.
Cap HPI has placed its vehicle appraisal data in the palm of a cars dealer's hand with the launch of a new app available on Apple and Android tablets.
