Used car values have experienced their most severe May decline since Cap HPI’s records began in 2012 and the heaviest monthly drop since December 2014.
Aston Barclay has given car dealers the ability to sell unwanted or duplicate used stock at the push of a button with the launch of its new E-Xchange wholesale online used vehicle remarketing platform.
Car buyers searching for a used electric vehicles (EVs) are being "pushed out" of the market by prices after average values rose by 11% to £23,361 during April, Auto Trader’s Retail Price Index has revealed.
A “market correction” has wiped £500 to £1,000 off the price of the some used cars during May, according to data published by Cap HPI.
A bank holiday-induced dip in consumer demand has been blamed for a 4.6% decline in the average price of a used car sold at auction during April in BCA’s monthly Pulse Report.
JCT600 is celebrating a record set of annual financial results for 2018 after the car retail group’s turnover rose 2% to £1.28 billion and profits held flat in what was described as a “challenging year”.
Michael Bell has been appointed chief executive officer at Available Car Ltd by his parents, who founded the business.
The fastest selling used cars in April were petrol models as demand for the fuel outweighed that of diesel for the first time, according to Indicata.
Car buyers are increasingly purchasing used cars without seeing them in person due to a rise in online car portals, says AA Cars analysis.
The UK’s used car market was down just 0.6% or 11,517 sales in the first quarter of 2019, compared to the same period in 2018.
BCA has responded to “significant demand from buyers” in the South West and Wales by launching a new commercial vehicle sale at the Bridgwater remarketing centre in Somerset.
Aston Martin Works has announced plans to “significantly expand” its provenance certification programme for classic Aston Martin sports cars.
Traditionally the used car market in April is buoyant and there are plenty of retail buyers on the forecourt but that has not been the case in 2019.
Growth in used car finance drove a positive month of sales in April, according to lead management experts Dealerweb.
CD Auction Group has appointed Paul Barnes as buyer development manager to work across Auction and Salvage Auction.
The Finance and Leasing Association (FLA) has revealed that the point of sale (POS) consumer car finance market fell 1% by volume in March, compared with the same month in 2018.
A Manheim charity auction has raised £850 for the Hendy Foundation, following a pledge to donate £5 for every car sold.
Cazoo has announced three new appointments who have joined from AutoTrader, Tesla and Manheim, following a £30m cash injection.
Vertu Motors’ chairman Peter Jones described the AM100 franchised car retail group's 2018 financial performance as “a credible result” despite a 16.8% decline in profit before tax.
BCA and Jardine teamed up for the biggest single dealer sale ever staged at BCA as 405 vehicles were sold generating sale proceeds of £2.7m.
