The average values for de-fleeted cars were up 2.2% (£159) in August, according to Manheim monthly sales data, and 1.4% (£103) above the same month last year. The increase in
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Younger stock boosts car de-fleet values at Manheim
Industry call to ban clocking of used cars and PCP returns
A crackdown on vehicle clocking is being called for by the National Franchised Dealers Association and the National Association of Motor Auctions. The organisations, both part of the RMI, last
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Inchcape buys Armstrong Massey Land Rover business in York
Inchcape has struck a deal to buy the Land Rover site owned by Armstrong Massey in York, joining its existing Jaguar dealership in the City. Inchcape already represents Land Rover
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Used car prices to come under pressure
Used car prices are set to come under pressure in September as higher volumes of ex-fleet and dealer part-exchange vehicles hit the wholesale market. Values fell back slightly in August
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Manheim raises concern over nearly new van values
Values of nearly new vans are under pressure at auction and failing to meet guide prices. That’s the view of auction house Manheim which said current prices of many nearly
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Car dealer Peter Vardy to open new used car supermarket in Scotland
Scottish car dealer Peter Vardy has revealed plans for a new used car centre, under its CarStore brand. About 70 jobs will be created when the store in Dundee opens
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July used car trade sales up 12.2%, says NAMA
Sales of used cars at auction in July increased by 12.2% year on year and conversion levels rose to 80% from 73% in the preceding month. The figures from the
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New plate change could paint false picture of car market, Glass’s warns
Valuations expert Glass’s have stated that this month’s plate change is likely to paint a falsely buyant picture of the market. According to the firm’s head of valuations, Rupert Pontin,
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Cap predicts fall in used car values in Q4
Cap is predicting a decline in used car values in the final quarter of 2015. It said the fall will be similar to that experienced in Q4 2014 but it
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BCA grows webuyanycar UK business by 12% in Q1
BCA is pushing ahead with the expansion of webuyanycar in the UK but has pulled the plug on the business in Germany and the Netherlands. Webuyanycar saw 39,100 cars pump
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Glass’s issues warning on used car values
Glass’s Guide has warned of the “huge rise” in dealer self-registrations that are putting pressure on older vehicle values. The used car guide said that the volumes of sub-one year
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New MD for motors.co.uk as Coulthurst joins car supermarket
Motors.co.uk managing director Andy Coulthurst is leaving the company to become CEO of car supermarket group Trade Centre Wales. He will be replaced by Phill Jones, who has been commercial
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