Financial Conduct Authority (FCA) regulations will have a negative impact on residual values.
The former management team of online trade-to-trade service Autotrade-mail are set to launch a new online car trading platform called www.cartotrade.com, at the end of May.
Digital technology has given independent dealers the resources to turn their small size and relative lack of marketing resources to their advantage.
What is critical is the point at which the manufacturers recognise that they may need to revisit their targets if the current imbalanced situation continues.
Political uncertainty, deflation forecasts and unease over the impact of PCPs have worried some used car dealers. Our market experts assess the risks for 2015.
Pendragon is re-opening a former franchised site in Leicester as a used car business under its Motorhouse brand.
City Auction Group says the city and small vehicle segments performed well at auction this month at its second auction at Rockingham, with the Mazda3 hatchback achieving the highest CAP value (124.1%), followed by the Ford Focus (123.8%) and the Mini Cooper (112.3%).
The supply of ex-fleet used vehicles has picked up significantly in the first two months of the year and the strong market looks set to continue through the first half of 2015, according to Andy Brown, managing director of online auction, Cars Direct.
Supply factors will also come into play this year – and these are likely to cause a greater imbalance in supply over demand – just as the used car sales slowdown is firmly under way
Used car sales rose by 2.6% in the third quarter of last year to reach their highest point since 2008, according to Experian.
Dealers continued to achieve healthy selling prices for part-exchange stock at auction in January, in spite of a slight fall in average value throughout the first month of 2015.
City Auction Group is holding its inaugural auction event at Rockingham Rockingham Speedway, Northamptonshire on Thursday morning.
Glass’s Rupert Pontin on how the General Election, austerity measures and interest rate rises will affect used car sales in 2015.
The snow that hit most parts of the UK in recent days has also delivered a lift in demand for SUVs, according to data from Motors.co.uk.
Irish company City Auction Group is opening a specialist automotive remarketing centre at Rockingham Speedway, Northamptonshire this month.
What the market holds in the 12 months ahead.
Motor manufacturers' increasing appetite to add niche models into the new car market could start to hit residual values, predicts Glass's.
Britain's booming new car market may be getting most of the attention, but assessing, refurbishing and remarketing older stock can still significantly boost a dealer’s profit margins
Macrae & Dick managing director Andrew Grzesinski explains how a site with a territory the size of Switzerland ‘does deals on the day’ for used cars.
The Toyota Prius is the fastest used car off the forecourt for December.
