The average selling price for part-exchange cars in March was £3,600 – 2.6% (£90) higher than in February and 4.7% (£162) up year-on-year. According to Manheim, the strongest performers at
Log in to read the rest of this articleAverage selling price for part-exchanges up – Manheim
Unrealistic part-ex values set to hit September trade-ins
Auto Trader warned that nearly one in five trade-in deals during September could fail as a result of breakdowns in part-exchange negotiations between dealers and customers. The warning comes as
Log in to read the rest of this articleDealerweb launches iPad part-exchange appraisal app
Dealerweb has launched a new part exchange appraisal application for iPad. DealerwebPro has been designed to bring a thorough, professional and consistent approach to valuing customer part-exchange vehicles and to
Log in to read the rest of this articlePart-exchange values drop but dealer demand still strong for ex-fleet cars, says Manheim
Motor auction group Manheim reports that ex-fleet cars rose in price in April however dealer part-exchanges suffered a drop in value. The month-on-month decline in average part-exchange value by £71
Log in to read the rest of this articleThe HM Revenue and Customs’ (HMRC) willingness to challenge sales values used in VAT calculations has been highlighted in a VAT appeal judgement, according to ASE.
ASE’s tax director Michelle Malone said: “The N & M Walkingshaw case considered whether prior to 1992 an over allowance on a part exchange vehicle could be treated as a
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