Used car buyers will continue to seek out vehicles which cost less to run despite recent upturns in the economy, according to Jay Nagley, managing director of Redspy.
New data from G3 Remarketing shows fleet and lease vehicles values still remain strong, with the average fleet prices around £8,987.70, up £44 month and month and representing a 20% increase year on year.
Car dealers forced to stock older cars have to find the right balance between age and profit potential
Dealers are increasingly buying ex-fleet vehicles online. Are auction halls going, going ...?
BCA launched a new digital sales programme yesterday under the BCA 5 to 9 brand.
Rise in conversion rates likely to improve in August ahead of 63 plate change in September
HPI has joined forces with Deltapoint, to bring dealers, manufactures, insurance and finance houses a new service for used car valuations.
Increasing new car demand will have a positive impact on the used car market and franchised dealers can look forward to a buoyant Q4, according to Professor Peter Cooke, author of the BCA 2013 Used Car Market Report.
AM’s next Used Car Conference will look at how dealers can forge ahead in the used car market following mixed fortunes in the market this year.
The RAC has sent out letters promising legal action to more than 40 independent dealers which have been using its logo in their marketing material.
Harwoods Group, the southern-based prestige dealer group, has signed an exclusive remarketing deal that will see around 3,000 cars offered annually through a programme of sales staged at BCA London Enfield.
CAP is launching its first consumer offering this month with a free service which will let users view long term running cost information on all cars.
CAP is launching a new product which will monitor the impact of manufacturer new car sales incentives.
While new car registration increases dominate the headlines, CAP research is uncovering a trend of more profitable used car business.
Average selling price falls at Manheim, but a number of sectors see increases
The AA has formed a marketing partnership with Vcars to use the AA brand to sell used cars online.
ASE, the dealer business management company, has discovered that a French company is fraudulently using its name as a front to sell used cars in the UK.
May figures show a strong recovery from the April drop
Used car sales in the first three months of the year fell by 5% to 1,653,668 units in comparison to the same period last year, according to the latest Used Car Sales Index from Experian.
BCA has ambitions to increase its volumes to 1 million units across Europe by diversifying into new areas in addition to investing in digital and its existing physical auction business.
