Retail ready used car stock is in “high demand” among car retailers seeking ways to speed-up their business’ COVID-19 recovery by taking advantage of a post-lockdown surge in demand.
CarGurus has released its latest COVID-19 Sentiment Study, revealing the continued impact of the pandemic on the concerns, habits and hopes of UK car buyers.
I did consider picking this topic for my blog last week – the acquisition of Imperial Car Supermarkets in the UK by online used car start-up Cazoo last week.
The COVID-19 pandemic has brought about a reduction in global emissions as the economy slowed and vehicles were kept off the roads during lockdown.
Auto Trader predicts that used car values will continue to grow, while consumer demand continues to outstrip supply.
Aston Barclay has said that a surge in demand for used cars stock has seen value rise to its records highest ever level for a Q2 period – with older cars and diesel vehicles leading the way.
COVID-19 social distancing measures are putting dealers at a higher risk of fraud in the part-exchange process, according to Cap HPI.
Before the lockdown, many of the UK’s largest motor auction and remarketing companies were enjoying successes in signing deals. Now, as the sector gears up to return to normal, they are well placed to support the recovery.
heycar has partnered up with SilverBullet to boost its online car sales capabilities amid a rising customer appetite for digital purchasing.
Post-COVID-19, there will be significant changes in car retailing and warranty products are evolving to face the new challenges
The used car market could be on course for a similar “market correction” to that seen in May last year after car dealers and remarketing companies flew out of the blocks post-lockdown.
A Trading Standards investigation has exposed almost £350,000 worth of faults on used cars offered for sale by dealers in the South West of the England.
The Kia Sportage SUV is the UK's most in-demand used car, according to the results of research conducted by ChooseMyCar.
Used car buyers are favouring more affordable models than they did last year, according to data from Imperial Cars.
Less than 12% of the UK's franchised car dealerships were “fully staffed” amid signs that customer confidence was continuing to steadily increase at the start of July.
Vehicles aged over six years helped UK car retailers drive a 3.7% increase in post lockdown used car sales during June, according to analysis by Indicata.
Peter Cooper Motor Group has expanded into Dorset with the acquisition of the £14 million turnover Think Cars SsangYong and prestige used car dealership.
Following a swift transition by car retailers from the COVID-19 lockdown to “the new normal” new car registrations got back on track for UK businesses in June.
Used car buyers can support the UK's journey to net zero CO2 emissions by 2050 targets thanks to the launch of the iOffset carbon offset scheme.
Car buyers across the UK are following the national trend of keeping their spending locals, according to insights identified by heycar.
