The average value of a used light commercial vehicle (LCV) has risen to almost £10,000 at BCA auctions as demand for vans continues to soar.
BCA has questioned “sensationalist” media coverage of used car price growth, arguing that wholesale values have only seen subtle changes.
British Car Auctions (BCA) is utilising robotic process automation (RPA) to help improve process handling and customer service.
BCA has said that it is “confident” of the legality of its operating model and commercial relationship with its self-employed contractors – suggesting the model delivers mutually beneficial flexibility.
BCA could be set to face a legal case over hourly pay rates equating to as little as £2.30-per-hour for its delivery drivers.
Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.
BCA’s cinch online car retail platform has partnered with car dealers across the UK to launch a used car subscription offering called cinchCare.
Light-commercial vehicles (LCVS) have achieved record values for the third consecutive month at BCA sales.
BCA has secured remarketing contracts with Glyn Hopkin, Group 1 Automotive, TrustFord and LeasePlan in the first few weeks of 2021.
Constellation Automotive Group’s cinch online used car retail platform has followed rival cazoo into Premier League football club sponsorship with a deal to become Tottenham Hotspur’s first shirt sleeve sponsor.
BCA’s online car selling platform cinch has signed a four-year deal to become the new title sponsor for the Lawn Tennis Association’s (LTA) Queen’s Club Championships.
Car auctions have indicated that it will remain business as usual for stock-sourcing dealers during the latest COVID-19 lockdown across the UK.
New and used light commercial vehicle (LCV) sales have proved to be more than resilient to the current COVID-19 coronavirus crisis – they are thriving because of it.
BCA has announced plans to develop a new 65-acre remarketing ‘mega centre’ in Bristol, with the capacity to handle over 120,000 vehicles each year.
BCA has been met with a backlash from car dealers following its decision to relaunch its cinch marketing platform as an online car retailer perceived to be in direct competition with its traditional remarketing customers.
BCA’s 121-acre car storage and preparation facility in Corby has been sold in a deal worth £68 million.
BCA has been accused of “opening Pandora’s Box” by shifting its cinch online marketing platform to compete directly with its car retail customers in the online sales sector.
Online vehicle remarketing company Adesa UK has appointed Eddie Thomson as its new head of business development.
BCA’s average used car sale value at auction remained above £8,000 for a fourth consecutive month after values rose by 6.9% during strong September trading.
BCA is promising to provide car retailers with "increased selling opportunities and efficiencies" with the launch of a new Retail Ready used car stocking channel.
