Auction house BCA has warned of the growing numbers of poor condition cars coming to market that are failing to sell first time. It said the rising volumes could impact
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BCA warns of growing volumes of poor condition stock
Manheim mobile auction a success, says Hitachi Capital
Manheim has deployed its Mobile Auction Unit to sell nearly £500,000 worth of premium vans at a sale in Wiltshire. Manheim achieved a 97% conversion rate on 60 commercial vehicles
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Average used car values reach record levels in October
The prices of used cars sold at auction reached record levels in October, the monthly BCA Pulse report has revealed. The headline value increased by £290 (3.7%) compared with September,
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Manheim adds seven new two-car transporters to fleet
Manheim has added seven new two-car transporters to its existing fleet of 52 vehicles. The single DAF and six Isuzu vehicles, all of which are Euro 6 specification, will go
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Vehicle data security still an issue, says VRA
A recent survey of its members by the Vehicle Remarketing Association (VRA), specifically about personal data security on vehicles entering the remarketing process, has highlighted a widespread concern that this
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CAP and HPI announce joint strategy
CAP and HPI have revealed details of their integration plans following the recently announced relocation of the HPI business from Salisbury to Leeds. The Solera owned companies will operate jointly
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Marshall renews remarketing deal with Manheim
Marshall Motor Holdings has renewed its exclusive remarketing deal with Manheim. The renewed deal will see 45,000 vehicles offered through Manheim’s physical and online sales channels over the next three
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Used volumes build and residual values slip in October
Average used values dropped by 2.2% with an expected seasonal slide, according to the latest figures from CAP. Derren Martin (pictured), senior editor at CAP Black Book, said: “Based on
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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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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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