The majority of 17-24 year old used car buyers cite price as the strongest influence on their vehicle search, the highest percentage in five years and a 14 percentage point
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Price more important than ever for younger motorists
Pre-registrations volumes yet to impact remarketing sector, says NAMA
The growing use of pre-registrations has yet to feed any significant impact into auction values or volumes, according to the National Association of Motor Auctions (NAMA). NAMA said dealers have
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Used van values fall as older stock hits market
Vans values are falling as higher numbers of older vehicles go to auction. That’s the view of the National Association of Motor Auctions (NAMA) which said that since January values
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UK records rapid increase in used car sales in Q2
Used car sales increased at their fastest rate for almost 10 years to nearly 1.9 million vehicles, according to the latest data from Experian. The number of cars transacted rose
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OCTOBER 2015 – NEWSLETTER
Check out our recent round-up of interesting news, blogs and events: VW ‘Dieselgate’ – what does it mean for the automotive industry? The Volkswagen diesel emission scandal could have huge implications
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CAP calls for more transparency around pre-registrations
The used car market would benefit from more transparency of pre-registrations which risk putting car values on a downward spiral. That’s a view from Derren Martin, senior editor of CAP
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Average used prices drop by 3.5% in September
Average sale prices decreased by 3.5% from £5,588 to £5,391 month-on-month, according to the latest report from the National Association of Motor Auctions (NAMA). Sales volumes for September were up
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Volumes of Volkswagen models remain steady in wholesale market, says CAP
Volumes of Volkswagen models have remained steady in the wholesale market despite the ongoing emissions controversy, says pricing expert CAP. The news comes as SMMT data showed retail sales for
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September sees stability in used van market with rise in 4×4 values
Manheim once again saw younger and lower mileage stock keep used van values relatively stable in September considering a 42% increase in year-on-year volumes. Values were up 1.5% from August
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Inchcape group finance director steps down
Inchcape has announced that its group finance director is resigning from the company. After 16 years with the company, John McConnell has tendered his resignation to return to his native
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Vehicle valuation “becoming more and more difficult”
However, accuracy of data is improving despite increasing complexity. Valuing cars and vans is becoming more and more difficult thanks to factors such as a greater diversity of models, increased
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Dealer footfall was “steady” in record September
Despite the record level of registrations during the September plate-change, dealers did not experience a significant rise in footfall, according to research by CAP. According to its monthly For Dealers,
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