Two major AM100 car dealers have and agreed an exclusive remarketing deal with Manheim which will see it remarket more than 45,000 of their vehicles over three years.
The UK’s motor auction and remarketing sector is the most advanced in Europe.
With gross profit margins which are almost a fifth above the network’s top 10% of performers for used car sales, Essex dealership Grants Seat is a success story.
The results and discussion from AM's online poll.
Used car dealers are not the worst offenders of the advertising code, according to the Advertising Standards Authority (ASA).
Following last month’s exploration of ‘downsizing’, we now turn to profit and the factors affecting dealers’ margins over recent months.
AM will hold its Used Car Market Conference 2012 on October 9 at the National Motorcycle Museum in Solihull.
Used car values increased by 4.5% by £270 in August, but supply issues still continue to cause trouble in the sector.
Sales managers who think they left their maths behind in the classroom could be missing out on additional pounds in every deal they close, according to Garry Cuthbert, co-founder and director of Reef Business Systems.
MG has launched its first approved used car programme which includes a 130 point check on every car.
Experian, the global information services company, has launched the latest version of AutoCheck, its automotive provenance check tool, after collaborating with dealers over the changes for the last seven months.
Complaints about used cars bought from independents topped the new Citizens Advice helpline which launched in April this year.
As more and more franchised dealers opt to retail vehicles outside the brands they represent, valuable lessons can be gleamed from the independent sector.
UK motorists are looking to cut down on fuel costs by changing their driving habits, but only 8% are willing to trade in their car for one that is more economical.
The used car market will continue to gain in importance to franchised dealers operations over the next three to four years as it continues to take precedence over new.
Auto Trader believes pre-registration activity represents 2% of the 300,000 cars offered on its website.
Rolls-Royce has launched a new Provenance used car programme stock locator for customers which is compatible with the iPad and smart phones.
Dealers will hear predications of what will happen in the used car market from Glass’s Guide managing editor Adrian Rushmore at the Used Car Conference on October 9.
Vauxhall specialist Eden retails the majority of its used vehicles through Network Q but has boosted additional volumes using its own Select business.
Average values of used cars sold at auction across the UK increased by 2% from £4,577 to £4,690 between June and July.
