Tag: used car prices

Remarketing fundamentals for 2020 is subject of VRA’s first meeting of the year

Remarketing fundamentals for 2020 is the core theme of the Vehicle Remarketing Association’s first meeting of the year, taking place on January 29 at Bruntingthorpe in Leicestershire, hosted by C.Walton. Key presentations will include Martin Potter, Managing Director, at Aston Barclay on what the auction sector is expecting in 2020 – looking at the general used

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Speaker programme announced for VRA’s “2020 Vision” seminar as event reaches capacity

The speaker programme for the Vehicle Remarketing Association’s “2020 Vision” seminar has been announced as the event reaches capacity with the final delegate spaces booked. More than 150 industry professionals are expected to attend The Slate at Warwick University on Wednesday 27th November to hear a programme designed to help equip them to meet the

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Key issues facing the remarketing sector in 2020 is subject of major, free seminar from VRA

The challenges facing the remarketing sector in 2020 is the subject of a major, free seminar that has been announced by the Vehicle Remarketing Association, which represents organisations involved in buying, selling and preparing 1.5 million used vehicles every year. “2020 Vision” will take a wide-ranging look at issues likely to affect the used car

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car mechanics

Used market reaching supply tipping point, says Glass’s

The used car market is starting to reach the long-predicted tipping point into oversupply – with values coming under pressure as a result, reports Glass’s. Rupert Pontin, Head of Valuations, said that the volume of vehicles at auction had already increased by 3.7% in 2016 and that a wide range of models were starting to

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car mechanics

Auto Trader report uncovers the end of ‘awkward haggling’

Auto Trader’s biannual market report has highlighted “the death of haggling” as a key characteristic of the changing automotive market over the past 12 months. Of the 5,000 motorists surveyed for the report 56% admitted that they had paid the asking price or more (with add-ons) for a new or used car in 2015 – a

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car mechanics

Inconsistent used car prices can leave motorists feeling ‘ripped off’, claims Tootle boss

The CEO of online car selling platform Tootle claims that the inconsistency of prices paid by dealers for used cars can lead to customers ‘feeling like they are being ripped off’. Tootle CEO Al Taylor made the comment as he revealed the results of research carried out by the business which revealed that 61% of

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car mechanics

Volkswagen Touareg tops Glass’s used car chart

The Volkswagen Touareg was the fastest used car off the forecourt in January, according to Glass’s. Vauxhall’s Mokka takes second place but, at the other end of the spectrum, the Cascada convertible has become the single most difficult used car to sell. Volkswagen Touareg Vauxhall Mokka Chevrolet Orlando Skoda Yeti Toyota Prius Rupert Pontin, Glass’s Head of

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car mechanics

Toyota Prius December’s fastest selling used car

The Toyota Prius is the fastest used car off the forecourt for December, according to Glass’s. Chevrolet (perhaps surprisingly following its withdrawal from the UK market) also has two models in the ‘Hot Five’ while, at the other end of the spectrum, Renault’s Scenic remains the most difficult used car to sell. Hot Five for December

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car mechanics

Unchartered territory for used values in 2015

Mike Pilkington, managing director of Paragon Automotive Used car values fell 2.9% in November, the biggest fall since summer 2011. So, is this a seasonal blip or the first signs of a more significant trend? Dealers will be expecting a bounce as demand picks up in the first quarter of 2015. But it can be

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gefco

Used car values rise 5% in May says Nama

The average value of used cars sold at auction in May rose 5.2% to £5,420, according to the latest figures from the National Association of Motor Auctions (Nama). Overall volumes fell 5% compared to April. Values of late plate vehicles fell 1% to £14,725 while fleet vehicles saw their values fall 3% to £8,725. Paul

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