Tag: Used car demand

Retail ready used car stock becoming ever more in-demand in post-lockdown market, reports VRA

Retail-ready stock is becoming ever more in-demand in the post-lockdown used car market, the Vehicle Remarketing Association is reporting. VRA chair Sam Watkins explained that dealers were trying to make the process of acquiring and retailing stock as straightforward as possible at a time when the ongoing effects of the coronavirus crisis meant that key

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car mechanics

RETAIL 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 Group. It has reported very strong demand from franchised and independent dealers as they buy used cars at auction to satisfy a healthy retail demand.

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car mechanics

Aston Barclay predicts a happy Christmas for the used car market

The used market looks set to finish 2016 with a healthy supply of cars matched by healthy demand from buyers, who are keen to purchase stock during a buoyant Christmas and New Year trading period. The market looks set to finish in a similar fashion to 2015, with vendors selling right up to the festive

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car mechanics

Demand slows seasonal slide in used values

The increased volume of vehicles in the used market has pushed down values by 1.4% in April although consumer demand remains strong, according to research by cap hpi. The research shows that while prices in the used car market dropped, the downwards movement was not so stark, 1.4% compared to 1.7% at three years 60,000

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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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