Tag: CAP HPI

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Post-Brexit outlook, autonomy and 2035 EV impact are key subjects for VRA’s March member meeting

The post-Brexit economic outlook, developments in vehicle autonomy and the impact of the Government’s 2035 electric vehicle announcement will all be part of the Vehicle Remarketing Association’s next member meeting, taking place on March 18 at the offices of motor industry legal specialists Geldard’s in Derby. Sam Watkins, chair of the VRA, which represents organisations

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Developments in end of life vehicle inspections is core subject at VRA’s September meeting

The latest developments in end of life vehicle inspections is the core theme of the Vehicle Remarketing Association’s next meeting, taking place on September 18 at the Derby offices of motor retail legal experts Geldards. Key presentations will include Vipul Dave, sales manager at Thatcham Research, examining how the arrival of ADAS devices and other

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Highest ever attendance for VRA meeting is “sign of current, increased interest in remarketing”

Almost 50 people attended last week’s Vehicle Remarketing Association member meeting in what the organisation described as a “sign of the current, increased interest in remarketing.” Held at the premises of GEFCO in Coventry, the event covered the latest developments in leasing company remarketing. VRA members together are involved in handling, selling, inspecting, transporting or

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car mechanics

VRA appoints new directors 

The Vehicle Remarketing Association (VRA) has appointed three new directors to its Board: Rupert Pontin (Glass’s), Tim Hudson (Cox Automotive/Manheim) and Philip Nothard (CAP HPI).  They join seven other directors, including the VRA Chairman Glenn Sturley and Deputy Chairman Sam Watkins. Glenn Sturley said “I’m delighted to welcome Rupert, Tim and Philip to the VRA

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car mechanics

Most in demand used cars revealed by cap hpi

Automotive data expert, cap hpi, has revealed the most in demand used car brands for buyers looking to finance their next purchase.  The analysis shows that German premium car brands are proving to be a real hit with consumers with four of the top five manufacturers searched (and five of the top 10). The analysis,

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car mechanics

Used car market sees 6% boost in second quarter

Used car transactions rose by 5.9% in the second quarter of 2016 compared to the same period last year. A total of 2,008,439 vehicles were sold with prices underpinned by strong consumer demand. The performance over the quarter was strong despite a sharp decline in activity in June volumes which rose just 0.5% to 632,449

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car mechanics

Aston Barclay and cap hpi launch inspection app for fleet customers

Aston Barclay plc has launched a new mobile and tablet-based inspection app in conjunction with cap hpi, providing enhanced reporting and appraisal for Aston Barclay’s customers. The leading vehicle remarketing group has worked with cap hpi to develop and build the new inspection platform that will simultaneously provide grading based on the National Association of

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Remarketing: Used Values remain ‘buoyant’ in spite of buyers’ market

But high volumes from ‘staggering’ financial deals expected to damage auction van prices A “noticeable increase in footfall”, “brisk bidding activity” and a “familiar buzz in the air”. That’s how Britain’s light commercial van auction halls are being described as used values remain buoyant. The rosy picture was painted by John Watts, international senior editor

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car mechanics

Used car demand ‘healthy’, reports Cap HPI

Convertibles and city cars outperformed the market by increasing their value in a used car climate of decreased margins but “healthy demand”, Cap HPI has reported. Stable used values were recorded in Black Book live during March with a small average increase of 0.1%, but while the average three-year-old/60,000-mile vehicle saw a minimal increase, convertible prices

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car mechanics

Cap hpi sees ‘signs of weakness’ in nearly new sector

The used car market got off to a strong start in 2016 although dealers were warned of the negative impact self-registrations were having on the values of late-plate vehicles. According to cap hpi strong demand drove up used values by an average of 0.4% in February. Derren Martin, senior Black Book editor at cap hpi

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