New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation
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New car diesel sales falling fast enough to cause potential shortages in future
Sam Watkins announced as new chair at VRA’s annual seminar
Sam Watkins was announced as the Vehicle Remarketing Association’s new chair at the organisation’s annual conference yesterday. She is currently director of sales and marketing at Bruntingthorpe Proving Ground and
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Mike Allen of Zeus Capital added as key speaker for VRA Seminar
Mike Allen of Zeus Capital is the latest speaker to be added to the Vehicle Remarketing Association’s major free seminar, “The Challenges of 2019.” He will be speaking about the
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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
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Britain’s used car market motors to record levels in Q3 as 2.1 million vehicles change hands
More than 2.1 million used cars sold in Q3 – a record for the period July-September. Demand for alternatively fuelled vehicles climbs 34.1%, with sales of electric cars surging 94.1%.
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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
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Brexit won’t affect used car market until Q4, say Glass’s
The UK’s decision to Brexit probably won’t materially start to affect the UK used car market until the fourth quarter of 2016, say Glass’s. The motor industry data market leader
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Consumer Rights Act increases used car entry point for dealers
The new entry point into the used car market for dealers could become £2,000. The RAC says that it is simply very difficult to sell a car that meets all
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Used car market ‘relatively stable’ says Cap
January saw consumers out searching for and buying used cars in large enough numbers for high supply volumes not to be much of an issue. Retail activity for used cars
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Used car market ‘most stable for a decade’ in 2015, claims Autorola
Online remarketing specialist Autorola UK believes dealers experienced the most stable used car market for a decade during 2015. Average prices fluctuated by just £201 between January and September for
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Average dealer profit rises 40% to £7,000 in October
In the 12 months to October the return on sales was 1.3%, well down on the 1.47% achieved in the 12 months to October 2014, according to dealer profitability specialist
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‘Personalised-car trend creating difficulties in used-car market’
The trend in increasing personalisation of cars means that dealers are finding it more difficult to value and sell a growing number of models, says Glass’s. Trade bible Glass’s points
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