Motor auctions are the first subject to be covered by a series of “Focus on…” webinars being held by the Vehicle Remarketing Association (VRA) through to the end of 2021. Taking place at 10.00 am on Wednesday 8th September, the keynote speaker will be James Buxton, COO at Carzam, who will be bringing a customer
Read More »
Motor auctions are subject of first VRA “Focus on…” webinar
Average used car values up by £154 in July, says BCA Pulse
The average price of used cars sold at auctions reached £7912 in July, the monthly BCA Pulse report has revealed. It is an £154 (1.9%) increase on June’s headline value, while year-on-year values are ahead by £206 (2.6%) compared to July 2014. Used fleet and lease vehicles averaged £9662 in July, dropping by £65 (0.6%)
Log in to read the rest of this article
Van volumes rise at auction in June says Manheim
The motor trade is seeing a record number of vans coming to auction but poor condition and pricing continues to be a problem. According to Manheim used van volumes were up 38% in June compared to the previous month but damaged and duplicate stock were hitting conversion rates. Matthew Davock, head of LCV at Manheim,
Log in to read the rest of this article
VRA member City Auction Group to open first site in UK
Ireland-based City Auction Group is due to open a specialist automotive remarketing centre at Rockingham Speedway, Northamptonshire, this month – its first site in the UK. The new centre will hold corporate auction events on behalf of major FN50-listed contract hire and leasing companies, financial institutions, daily rental companies and motor manufacturers. City Auction Group
Log in to read the rest of this article