LCV demand remained strong in September as average values climbed yet again and sold volumes rose significantly, according to BCA.
Wilsons Auctions has launched a dealer stock funding service in partnership with V12 Vehicle Finance, part of Secure Trust Bank.
The Vehicle Remarketing Association will cover a range of issues impacting a 2021 new and used car market which promises to be “difficult in all kinds of ways” in its upcoming outlook seminar.
Shoreham Vehicle Auctions has pledged to raise a minimum of £10,000 for The Chestnut Tree House Children’s Hospice with its latest annual charity auctions.
BCA has been accused of “opening Pandora’s Box” by shifting its cinch online marketing platform to compete directly with its car retail customers in the online sales sector.
Online vehicle remarketing company Adesa UK has appointed Eddie Thomson as its new head of business development.
Aston Barclay has reported that the “unstoppable” strength of the used car market might be about to soften after increased post-September supplies start to reach remarketing centres.
Motorway is offering car retailers 50% off broker fees on the first two purchases made through the Motorway Pro platform during October.
BCA’s average used car sale value at auction remained above £8,000 for a fourth consecutive month after values rose by 6.9% during strong September trading.
Manheim will auction 1,000 used cars across five locations as part of a Marshall Motor Group mega-event running from October 12 to 16.
The Vehicle Remarketing Association (VRA) is hosting a series of webinars to provide a summary of next year’s prospects in the key areas of remarketing.
The combined challenges of the coronavirus pandemic and Brexit are making long-term planning almost impossible in the remarketing sector.
BCA is promising to provide car retailers with "increased selling opportunities and efficiencies" with the launch of a new Retail Ready used car stocking channel.
BCA has reported that “exceptionally strong interest” in LCVs saw vehicles selling for an average of 13% over guide value expectations during August.
Vehicles from Arnold Clark, Bristol Street Motors, CarShop, Cazoo Part Exchange, John Clark Motor Group and Sinclair Group will be among those featured in a new Saturday online sales programme from BCA.
BCA used car auctions delivered average sales entries of over 6,000 vehicles in August as average sold values continued to decline amid “stable market conditions”.
Manheim has confirmed that its auction sites will re-open for COVID-secure used car viewings from Monday (September 14).
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
Aston Barclay has launched a new dedicated LCV sale at its Donington Park site, as part of its expanding focus on commercial vehicles.
Sales of ex fleet and lease vehicles through the Epyx 1Link platform have increased beyond pre-lockdown levels as the vehicle remarketing sector reaches a sustainable cycle.
