If internet shopping can topple high street chains like HMV and Jessops, it’s tempting to ask motor dealers looking to replenish or dispose of stock: Why go to an auction hall?
By far the most controversial debate of last year was around the rise in pre-registration activity. So it is hardly surprising that it’s still a hot topic as we look ahead to 2013.
Sales, enquiries and test drives all rise, as market follows usual seasonal trend
High demand sees values for fleet and dealer cars continue to rise in January
Fears that motorists will steer clear of this month’s ‘13 plate’ new cars are unfounded, say CAP.
Average used car prices fell by 2.4% in 2012 down £217 to £8,806, according to the latest Auto Trader Retail Price Index.
Retail demand for used cars is stronger than at any time since September last year, according to CAP.
British Car Auctions reports that used car values continue to climb as stock remains in short supply.
Dealers should be looking ahead to a good year as part-exchange values continue to follow an upward trend, according to Manheim’s latest monthly Market Analysis.
There has always been a common belief in the trade that a newer vehicle in competition with new product represents a smaller profit opportunity than an older car might.
Sharp decline in sales in December, but 12-month comparison is much rosier
Increased numbers of high-value cars helped push prices up to a new level
Motorists will be the winners in this year’s push to increase new car registrations in Britain, according to CAP.
Over half of motorists are changing their driving habits and considering a more fuel efficient vehicle due to the rising cost of fuel.
A ‘slower than usual’ start to 2013 gave way to increasingly brisk trading in the used car market as January wore on, according to CAP.
BCA has been awarded a two year solus contract renewal to deliver vehicle remarketing services to Kia Motors UK.
Renault's budget brand, Dacia, has demonstrated that inexpensive cars are often the best performers for depreciation.
SMA is launching a smartphone application which will allow trade buyers to bid for SMA online stock, see the vehicles in the live sales, listen to important auctioneer announcements and hear bids as they join an online SMA auction.
The latest research by Van Trader shows that the most searched van in 2012 was the Ford Transit, just ahead of the Volkswagen Transporter.
BCA’s latest Pulse data shows average LCV values rose sharply in December in a short month for trading that was also very short of stock.
