The used car market is predicted to achieve growth in 2020, following a boost in consumer confidence achieved after the general election.
CD Auction Group has launched its used car stocking app as it looks to back-up predictions that the number of vehicles sold off-site will soar to 50% in 2020 following.
Players form Swansea’s Ospreys rugby union team paid a visit to Motorpoint’s new used car supermarket to kick-off operations at the 500-car facility.
Aston Barclay has reported an 8.5% rise in the value of used cars in 2019 as every single market segment delivered a price increase.
Mercedes-Benz UK has appointed Mercedes-Benz Financial Services’ customer operations director Sally Dennis as its new used cars and remarketing director.
Used car dealers’ efforts to “buy up as much stock as physically possible” saw January buck an eight-year trend of declining January values with a 0.6% increase, Cap HPI data has indicated.
The Finance and Leasing Association (FLA) has said that the used car finance market looks poised to deliver “record levels of new business” in 2019 as it revealed its results for November.
Auto Trader’s fastest selling used car of 2019 – the Renault ZOE electric vehicle (EV) – has retained its status as the platform’s most desirable vehicle in the first month of 2020.
An increase of 167% in the number of used electric vehicles (EV) entering the UK market in December failed to meet consumer demand, according to Auto Trader – with values remaining high.
UK motorists realised their love of SUVs last year as the segment led Indicata’s monthly fastest-selling cars rankings for nine out of 12 months.
The DVLA has revised its official policy on trade plates following lobbying from the Used Vehicle Industry Group (UVIG) over worries about dealers using untaxed ex-demos and pre-registered cars.
The National Association of Motor Auctions’ (NAMA) monthly market attitude survey has indicated that many remarketing specialists anticipate a rise in the value of used hybrid vehicles during January.
BCA sold more used cars through its auctions in a single January week than at any other time in its history as it got off to a strong start in 2020.
The average value of a used car offered for sale at BCA’s auctions declined by 1.2% during December, but maintained the month’s fourth highest value on record.
The director of independent used car retailer Carpoint has been handed an 18-week suspended jail sentence in relation to car clocking offences.
A partnership between Click Dealer and V12 Vehicle Finance is promising an end-to-end used car technology solution that covers vehicle sourcing, funding and consumer finance provision.
German brands dominated the most viewed vehicles on Auto Trader in 2019.
Car dealers suffered a loss of £11,000 in November to all-but ensure the sector's average business incurred losses for the whole of 2019, ASE has reported.
James Hawley has been appointed as area manager for Hendy Group’s Car and Van Store business.
Arnold Clark has submitted plans to transform a former Toys R Us store into a car retail facility as part of the expansion of its Motorstore used car supermarket sites.
