News and blogs

Where VRA members — and sometimes invited voices from outside the organisation — write about some of the industry's latest trends. If there is something you'd like to contribute, please get in touch at

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Average used car values at auction reach record levels

The average value of a used car rose by 3.8% to £8,001, according to the latest BCA Pulse report. Values are now 13.6% higher than a year ago. Simon Henstock,

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car mechanics

Incomplete service history reduces a used car’s value by a fifth

Used car buyers expect a reduction of almost a fifth in the price of a used car if it does not have a full service history. Research carried out by

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car mechanics

CAP warns of poor condition used cars

Valuations guide CAP has warned dealer to be wary of high numbers of poor condition used cars in the market.

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car mechanics

August new car market motors on

New car registrations rose by 9.4% in August, according to SMMT figures released today.

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car mechanics

German brands dominate Auto Trader searches

When it comes to searches on Auto Trader, the country’s leading marketplace for new and used cars, German brands dominate. Collectively the top four brands accounted for 34.2% of searches

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car mechanics

Glass’s launches RV forecasting tool

Glass’s, a leading provider of automotive insight and intelligence, has launched a forecasting tool for future residual values (RVs) which it claims will ‘transform business’ in the fleet, finance and

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car mechanics

More than one million vehicles sold through NAMA grading scheme

Around 1.5 million vehicles have been sold through the National Association of Motor Auctions (NAMA) grading scheme since its launch two years ago. The scheme, which consists of five grades,

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car mechanics

Small car popularity rises in contract hire market

The Mercedes C-Class, Volkswagen Golf and Audi A3 are the only cars to have retained their position in the top ten contract hire market compared to a decade ago, new

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car mechanics

Used car market prices stable into October – CAP

Reductions in average trade values for all used car sectors will range from zero to between one and two percentage points by October, according to the latest short term forecast

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car mechanics

Lex Autolease reports 17% YOY growth

Renewed business confidence drives half year growth for Lex Autolease Lex Autolease, the UK’s largest fleet management provider, has reported a 17% growth in new fleet deliveries in the first

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car mechanics

Small van shortage flagged up by survey

Lack of supply kept used small van residuals buoyant in May, according to MyCarCheck.com’s latest survey of LCV dealers. “There is still a shortage of stock and prices are steady,”

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car mechanics

“Rising new car sales are potential threat to used car industry” says Glass’s

Current sales volumes of new cars in the UK are unsustainable and are a potential threat to the used car market. So says Glass’s, following the news that the UK’s

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