Fleet remarketing - Page 34

Small numbers of LCVs going to auction give little indication of market trends.

Roger Woodward,managing director, CD Auction Group, on why online trading is all about giving vendors and buyers confidence.

Online sales will grow from 10% of the UK market to 30% within the next five years as buyers become more confident, according to online remarketing firm Autorola.

A record November performance by SMA’s Inspect & Collect service topped off a 50% rise in sales activity over the last quarter as increasing numbers of fleet operators switched on to SMA’s innovative de-fleet support service.

Inter Dealer Auctions has upgraded its business model from a rolling sale to a fixed weekly auction.

A new app being made available this month will let fleets manage disposal of vehicles dynamically from their iPad.

Dealers need to concentrate on creating a used car proposition that gives customers confidence while the general economic picture remains difficult, says RAC Warranty.

Research for CAP Black Book Live reveals it’s ‘business as usual’ for trade values as the year draws to a close.

The rise in new car sales will start to feed through into used car prices during Q1, says Eddie Thomson, group sales director at SMA Vehicle Remarketing and he does not foresee any significant fall in values into 2013.

AA Insurance has warned that the used car market could be overrun with flood-damaged cars following the extreme weather of recent weeks.

More than 400 4x4 vehicles took to the halls at Manheim Bruntingthorpe earlier this month for the first ever BMW 4x4 auction.

Bids come from around the world as online sales continue to increase.

New venture aims to capitalise on 'gap in the market' for online remarketing.

The expansion of SMA Vehicle Remarketing’s Leeds Centre is nearing completion, with a further £750,000 investment scheduled for the New Year.

MotorTrade, Arval’s international e-commerce platform for used car sales exceeded the 200,000 mark at the end of September 2012.

SMA Vehicle Remarketing has announced growth of their own transport fleet with the addition of 20 new road transporters, to ensure timely collection and distribution of vehicles across the UK.

The National Association of Motor Auctions (NAMA) has published its first Light Commercial Vehicle (LCV) market report.

Manheim Remarketing has been awarded the international ISO 14001 Environmental Management Standard, making it the first of the UK’s ‘big three’ remarketing businesses to have successfully completed the comprehensive audit process.

The average price of a used car in Britain has fallen by 1.5% in the last 3 months to £8,492 according to new car market statistics from Adzuna.co.uk.

Record-breaking prices for ex-fleet cars highlight long-term shortage of stock.

The National Association of Motor Auctions (NAMA) has revealed that during October the average values of used cars sold at auction across the board increased from £4,624 to £4,724, equivalent to a 2.2% increase between September and October.

Keeping up with changing trends means building relations with auction houses.

The value of ex-company cars at auction has hit a new high, according to data from Manheim’s latest monthly Market Analysis.

BCA has won a clean sweep in the auction categories of the quarterly UK awards made by LeasePlan.

Used cars averaged £6,481 in October, an increase of £166 (2.6%) over September's figure, according to BCA's latest Pulse Report.

Average used LCV values improved in October by £223 (5.2%) to £4,447, with year-on-year figures ahead by £144 or 3.3%, according to BCA's latest Pulse Report.

BCA has been awarded the contract to deliver vehicle de-fleet and remarketing services to Toyota from 1st January 2013.

Manheim has announced the acquisition of Dealer Auction, the UK’s largest and electronic trade-to-trade vehicle remarketing channel, in an undisclosed multi-million pound deal.

Over 1,200 trade and consumer buyers bought a staggering £7.2 million worth of Lex Autolease cars and vans during a single sale at Manheim Auctions Colchester.

Continuing shortages in the wholesale used car markets have resulted in record average used car values according to BCA’s latest Quarterly Pulse Report.

MyCarCheck.com's monthly bulletin by expert Gavin Amos outlines the most significant trends in the UK market.

Concept Vehicle Leasing has launched a new service which aims to reduce charges levied by leasing companies on the return of a vehicle at the end of a lease.

Buyers are keen to purchase good stock but damaged vans get left on the side.

According to BCA’s latest Pulse Report, average used LCV values improved by £149 (3.6%) to £4,224 in September compared to August, although year-on-year figures lagged behind for the first time this year.

Fleet industry data from Manheim’s monthly Market Analysis shows that prices paid for ex-company cars sold at auction continued to rise in September.

Aston Barclay’s Leeds has cemented its position as an established venue for fleet car auction sales - less than four months after it opened its doors for business.

Only 3% of motorists whose vehicles were damaged while parked had been left any contact details from the other party, according to research.

Eastbourne Car Auctions has moved to a new, purpose-built complex.

Average used LCV values fell by £154 (3.6%) to £4,075 in August compared to July, although year-on-year figures remained ahead, according to BCA’s latest Pulse Report.

As the SMMT reports a 0.1% growth in new car sales in August and a 3.3% increase for the year to date, British Car Auctions (BCA) has released its used car sales data for the month.