Fleet remarketing - Page 17

Hitachi Capital Vehicle Solutions has appointed Shoreham Vehicle Auctions (SVA) as its car and van remarketing partner.

LeasePlan intends to launch its used car proposition, CarNext.com, in Q3 as it looks to maximise value from its ex-lease cars and grow its business.

Aston Barclay has seen used car purchases via its buyer app hit the £5m mark just eight months after launch.

Aston Barclay says growth in used car volumes in Q2 means a change of strategy is required to retain high conversion rates at auction.

Online remarketing offering aims to speed up time to sell, resulting in improved residual values (RVs) and cashflow.

Average LCV values have continued to climb to record levels in April 2018.

Fleet News editor Stephen Briers looks at how leasing companies are exerting greater control over the new car market

Average fleet and lease used car values hit a record high at BCA in April as demand drove rising prices.

April can be a fickle month for new and used cars sales with weather and holidays tending to divert the retail buyer accordingly.

Zero emission electric cars enjoyed a surge in popularity in the used market, with demand rising 33.8% to 2,927 units, followed by hybrids, which rose 14.1%.

Manheim saw strong demand from buyers once again in April, driving record-breaking average sale prices and conversion rates.

Aston Barclay has revealed that used fleet prices remained stable over Q1 2017 and the end of Q1 2018, according to its Used Market Insights report.

Impact of Worldwide harmonised Light vehicle Test Procedure (WLTP) and the ‘demonisation’ of diesel will be discussed by the Vehicle Remarketing Association.

City Auction Group has just announced 10 new nationwide defleet centres for LCVs to complement its remarketing hubs at Rockingham and Belfast.

City Auction Group has introduced 10 new nationwide defleet centres to complement its remarketing hubs at Rockingham and Belfast.

Manufacturers should make it easier to check which items of equipment need to be included with a used car or van that is for sale, says the Vehicle Remarketing Association

Shoreham Vehicle Auctions (SVA) has launched a used electric van training course for LCV dealer sales staff and fleet vendors.

BCA has sold over a million vehicles in one year in the UK for the first time.

For the second month running, average light commercial vehicle (LCV) values climbed to record levels in March, thanks to “exceptional” buyer demand, reports BCA.

Adrian Rushmore is leaving his role as editorial director at Cap HPI in September.

Prees Heath has signed a three-year remarketing contract from Santander Consumer Finance, nearly doubling the site’s size.

G3 has reported a 14% uplift in hammer value figures for the first quarter of 2018, and is on track to top £80 million in sales this year.

The contract extension will see Santander Consumer Finance vehicles processed through its new inspection and collection service and remarketed at the firm’s twice-monthly corporate fleet events.

BCA has announced that Stuart Pearson will be promoted to chief operating officer Remarketing Division (COO), replacing Simon Henstock.

Fears of a crash in used diesel car values prompted by air quality concerns “should now have passed”, says the Vehicle Remarketing Association (VRA).

The average value of used cars rose by an average of 5.3% during the first quarter of 2018, according to Autorola UK’s online portal.

City Auction Group will hold its ‘first’ Rockingham-based LCV auction show on April 24, with over 100 vans currently allocated.

Diesel resale values are expected to remain stable during 2018, despite fears that consumers could be driven towards choosing petrol or electrified alternatives.

Values for ex-fleet and lease cars sold at BCA in March hit a new record of £11,122 as demand increased.

The first quarter of 2018 saw used LCV volumes remain high with strong wholesale demand supporting good residual values say automotive data experts, Cap HPI.

The remarketing company says that it will add significantly to the facility’s volume and throughput.

Aston Barclay has appointed Rowland Whittington as project manager and has promoted Sam Leigh to business development manager at the Donington Park Mega Centre.

Inspect Any Car has launched its own damage repair network, offering a solution to fix cosmetic and minor vehicle damage throughout the UK.

Mercedes-Benz Cars UK has appointed Rachael Thompson as sales director and Krishan Bodhani has been promoted to used cars and remarketing director.

Lex Autolease is now using the MoDel solution from Ebbon-Dacs to handle all its new vehicle delivery and used vehicle collection operations.

Used car values rose by 0.4% in March due to strong demand, according to Cap HPI.

The introduction of Clean Air Zones from 2019 will see demand for used Euro 6 vans grow, keeping values high, says Shoreham Vehicle Auctions.

Aston Barclay has launched a new Vendor App, giving vendors real-time mobile control of their auction.

Ogilvie Fleet has launched a smartphone app designed to help fleet managers and drivers overcome often contentious end-of-contract damage charges on company vehicles.

City Auction Group has appointed Paul Cooke as department head of LCV, plant, machinery and Asset Management.