The latest developments in leasing company remarketing is the theme of the Vehicle Remarketing Association’s next meeting, taking place on 14 March at GEFCO in Coventry. Key presentations will include
Read More »Latest developments in leasing company remarketing to be discussed at VRA’s March meeting
Voluntary terminations at record high, according to G3 Remarketing
The voluntary termination (VT) of personal contract purchase (PCP) and hire purchase agreements (HP) are at an all-time high, according to G3 Remarketing. The motoring specialist deals with and disposes
Log in to read the rest of this articleRETAIL DEMAND FOR USED CARS REMAINS STRONG DESPITE HIGH VOLUME OF PCP CARS COMING BACK INTO THE MARKET
The used car market is showing no signs of cooling down despite the high volume of PCP cars coming back into dealers as part exchanges, according to the Aston Barclay
Log in to read the rest of this articleArrival of PCPs for caravans and motorhomes set to boost UK staycations
Development will bring new, younger buyers into market for leisure vehicles, says Glass’s Staycations or stay-at-home holidays in the UK are set for a boost with, for the first time,
Log in to read the rest of this articleImpending used car flood could mean ‘these may be the good old days’
Fears about the effects of a flood of used cars in a market propped-up by PCPs could mean that we are currently living in “the good old days”, a financial
Read More »PCP risk bubbles up
The annual conference for the Vehicle Remarketing Association, held last week, provided a great melting pot for views on the state of the used car market and many delegates were
Read More »Independents stocking up ahead of year-end
High levels of confidence in the used car sector has prompted independent dealers to increase their stock levels in order to compete strongly in the post-Christmas market, according to David
Log in to read the rest of this articleWear and tear costs impact PCPs as used values decline
The cost of wear and tear on PCP vehicles is becoming more critical as used car values come under pressure. That’s the view of Rupert Pontin, head of valuations at
Log in to read the rest of this articlePCP drivers facing bigger end of life recharges
Customers who have bought a car on PCP may find that dealers become stricter about end-of-life recharges as used vehicle values come under increasing pressure, says Glass’s. Rupert Pontin, head
Log in to read the rest of this articleIndustry call to ban clocking of used cars and PCP returns
A crackdown on vehicle clocking is being called for by the National Franchised Dealers Association and the National Association of Motor Auctions. The organisations, both part of the RMI, last
Log in to read the rest of this articlePCP deals are tempting customers out of the 10 year old car market, says Glass’s
Car owners that have kept their vehicle for over 10 years are coming back to the new car market due to strong PCP deals, according to Glass’s. Rupert Pontin, head
Log in to read the rest of this articleDemand for under two year old cars is weakening “by the day” due to increasing pre-registrations
The number of nearly new cars in the retail market has nearly doubled in the last six months, indicating that manufacturers are pre-registering ever larger numbers, reports Glass’s. According to
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