The growing use of pre-registrations has yet to feed any significant impact into auction values or volumes, according to the NAMA.
Carfinance247 has launched a new service on its website that puts customers that have applied for finance in touch with dealers that can sell them a vehicle.
Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to the latest NAMA analysis.
Paragon is injecting £4.7 million into the business over the next 12 months to build its capacity and support its growth plans.
Average sale prices decreased by 3.5% from £5,588 to £5,391 month-on-month, according to the latest report from the National Association of Motor Auctions.
Manheim is planning to relocate its commercial vehicle specialist operation from Leeds to its 10-acre Shepshed auction site.
Average light commercial vehicle (LCV) values increased by 1.8% to £5,607 in September month-on-month, reversing a two month decline.
Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” stock condition.
Recently launched trading platform Cartotrade.com has pledged to keep its monthly subscription costs at the same price for the entire life of memberships.
Aston Barclay has signed a two year deal to provide vehicle inspection and remarketing services to Venson Fleet.
Dealers would like fleets to better plan ahead their remarketing model mix when purchasing their vehicles.
Motor auction group Manheim reports that ex-fleet cars rose in price in April however dealer part-exchanges suffered a drop in value.
