Supercars and luxury vehicles often outperformed valuation expectations to feature strongly among the most impressive performers at auction during 2017, according to BCA.
A record week of used car trading got 2018 off to a strong start for BCA as the remarketing specialist experienced increased buyer demand in strong New Year trading.
2018 will be a year of relationship building for savvy remarketers – of positioning themselves as helpful, informative and strong partners to dealers.
The National Association of Motor Auctions has reported that used car prices rose by 2.4% as average mileages fell by 0.8% at auctions during December.
BCA will harness the “digitally-driven international business” experience of new chief marketing and data officer Dene Jones to help meet customers’ changing needs, the remarketing specialist has said.
CarGiant and Aston Barclay have entered into a two-year remarketing contract which will see the independent auction specialist sell over 24,000 of the car supermarket group’s unwanted part-exchange vehicles.
BCA Partner Finance is celebrating record levels of demand after funding over 100,000 vehicles with its used car stocking facility over the past 12 months.
BCA recorded its fourth consecutive record month of used car prices in a monthly Pulse report which showed values had risen by £465 to £9,868 during December.
Lookers has signed a new remarketing deal which will see the auction specialist sell manage and sell over 29,000 vehicles a year.
BCA has announced an exclusive three-year remarketing deal with Jardine, in hopes to “deliver a substantial range to BCA buyers”
Remarketing companies will need to ensure all personal data is removed from a used vehicle prior to its sale.
Used car prices fell by 3.5% as conversion rates declined during November, according to The National Association of Motor Auctions’ (NAMA) monthly car auction data.
BCA has appointed Stuart Gibbons to the new role of director of buyer services in a bid to drive forward the development of new services for customers and improve buyer experience.
Santander Consumer Finance will make its debut at Aston Barclay’s Prees Heath fleet sale after adopting a second remarketing provider for the first time in a decade.
Cox Automotive has reported "great stability" in the used car sector during the last quarter of 2017, suggesting that car supermarkets will help to drive things forwards into 2018.
Used car prices at BCA auctions rose to a record high for the third month in a row following a marginal 0.4% increase during November.
BCA has attributed a spike in sales penetration on its Live Online platform to a “weekend of heavy snow”.
Aston Barclay has credited the success of its new Buyer App with soaring online traffic from mobile devices.
BCA Marketplace has reported a 28.8% rise in revenues as the growth of WeBuyAnyCar.com and growing auction volumes took effect in the six months to October 1.
Independent Motor Auctions has expanded its fleet with an additional two DAF trucks and its fourth six-vehicle transporter.
