Cap HPI has reported that used car values have “softened” during March as the SUV segment defined an overall average decline of 0.9% at three years and 60,000 miles.
Used car stock levels have risen by 12% year-on-year, according to Motors.co.uk.
A YouGov survey commissioned by The Motor Ombudsman has revealed that 47% of car owners are unaware that they can extend the vehicle manufacturer’s warranty once it expires.
Automotive data experts at Cap HPI have found that the owners of some small electric vehicles (EVs) could run their zero-emissions car for 12 months and make a profit when they sell it on.
Up to 50 new jobs are due to be created by Startline Motor Finance this year as the business transfers its customer services function in-house.
Motorline and BCA combined to raise over £2,700 for Air Ambulance Kent Surrey Sussex with a charity auction at Motorline Mega Sale at BCA Paddock Wood.
City Auction Group has strengthened its senior management team with the appointment of three new directors, a new chairman and chief executive.
Halliwell Jones has agreed a new two year deal with BCA to remarket 3,500 vehicles annually at BCA Preston.
BCA has staged its first auction sale specifically for Ultra Low Emission Zone (ULEZ) compliant electric vehicles (EVs) and plug-in hybrids (PHEVs).
Car buyers visiting the Top Gear website can see the latest vehicles added by Motors.co.uk dealers, and use an enhanced search tool to find their next purchase.
The move towards an electric vehicle (EV) future is gathering pace might be led by automotive manufacturers but it presents car dealerships with range of revenue-driving opportunities.
Robins & Day has re-signed its solus disposal contract with Aston Barclay under its new group used car brand of By PSA Retail.
Car retailers could find recruitment much tougher as UK employment reaches a record high, warns Coachwork Consulting.
Younger motorists are the most likely to buy self-driving cars in the future, but the majority remain unconvinced by autonomous technology.
Used sales bounced back in February according to new data from Dealerweb. Revenues increased by 6% for used sales against February 2018.
Dragon2000 has warned dealers and their customers against being targeted with phishing and email scams as problems increase.
Northridge Finance has achieved a year of record growth, lending £1.1bn and increasing its funded fleet to 8,000 vehicles with Marshall Leasing.
BCA has prepared for the future by continuing to develop its apprenticeship scheme and national graduate recruitment and training programme.
Wholesale used car prices rose by 0.5% month-on-month in February as car retailers continued to express their concerns about margin compression, Cox Automotive reported.
Cooper Solutions has removed its seller fees in a move to further support dealers selling through its trade-only online auction site, FullAuction.
