Prestige used car dealer Maundrell sold a sought-after Porsche 911 RS to a buyer in Singapore, using a CitNow video.
Buyacar has highlighted car dealers’ “dash to pre-register cars” by identifying the top 18-plate used car bargains for potential customers – just weeks after the March plate-change got underway.
BCA has announced the trial of a new mobile buyer app following feedback from its customer base, so customers “never miss an opportunity”.
The average price of a used car sold at auction rose by 16.7% year-on-year in February, according to The National Association of Motor Auctions (NAMA) car auction data.
Auto Trader’s masterclass at the AM DigiTech conference will identify the best used car dealers in the sector and offer 12 tips on how to improve performance.
Trade Centre Wales will develop Europe’s largest used car showroom in Coventry as part of growth plans outside its home territory of Wales.
Diesel vehicles accounted for 53% of online used car searches via Auto Trader but the fuel type failed to keep pace with petrol powered alternatives 10% year-on-year price rise in February.
Cap HPI has struck-up a new partnership with online classifieds specialist Shpock after the business established its own online automotive marketplace.
The average price of a used car reached its second-highest level on record for remarketing specialist BCA as demand remained high across its 24 auctions centres and online platform during February.
Aston Barclay has unveiled plans to expand its Westbury auction facility with the creation of a second hall after Wessex Garages and MotoNovo became new vendor customers at the site.
The AA has bought the used car classifieds website VCARS, four years since they formed a partnership which led to the AA Cars brand.
Marshall Motor Holdings has reported a 19.5% increase in turnover and a 14.4% rise in underlying profit before tax in a set of annual financial results hailed as “excellent” by chief executive Daksh Gupta.
Cap HPI has responded to dealer demand for accurate specification data for part exchange processes with its Spec Check product.
The 2016 Ford Ka was, on average, the fastest selling used car in February.
Lamborghini is preparing to roll out its first approved used programme as parts of plans to prepare its UK car dealers for a doubling of sales volumes following the launch of its forthcoming Urus SUV.
Heavy snowfall caused by the ‘beast from the east’ sparked a sharp increase in the number of online searches for 4x4s, according to Motors.co.uk.
Used car sales grew 5.2% in February, says enquiryMAX Car dealers increased their used car sales by 5.4% during February as new sales faltered, enquiryMAX has found. Analysis of data from over 700 dealers showed new sales dropped by 14.5% during the month, despite a 30% jump in the number of sales leads delivered via manufacturers and a nominal 1% increase in enquiries via the web. The number of leads generated from the service department dropped by 1%, meanwhile. David Boyce, managing director of enquiryMAX, said: “Our latest analysis shows that 2018 is set to be the year of the used car. “Dealers with strong used car operations are maintaining sales momentum in a traditionally profitable area of business. “Cross-selling from the service department to sales is a low cost and efficient route to generating business, and this should be a focus for every dealer.” PCP penetration continued to grow with an increase from 65.8% in February 2017 to 69.5% in February 2018, according to enquiryMAX’s data. The number of sales completed on the first day showed a marginal decline of 1% and the average price of a part exchange increased from £7,727 to £8,659.
Cox Automotive has said that sales of used diesel vehicles have continued to contrast those of new diesel cars, despite a year-on-year price rise less than a third of those attracted by petrol counterparts.
Cap HPI has appointed Jeremy Yea as the new Black Book editor, following recent restructure announcement.
Dealers may have a sales struggle in March, as February figures show a decline in sales and enquiries for both used and new cars.
