Fleet remarketing - Page 24

Compact executive cars continued to show strength in the ex-fleet market at Manheim in February, with average selling prices up 10.7% (£473) year-on-year.

BCA Leeds officially opened for business on Monday, February 29, becoming the first of the former SMA centres to be rebranded as part of the BCA network.

HK Remarketing has further developed its android-based application which it says will help to transform the vehicle inspection process.

BCA is to expand and improve its remarketing services, in addition to further integration of the SMA Auctions business.

A growth in van buyer numbers helped to boost conversion rates at Manheim in February.

A gradual softening of the used car market is prompting outright purchase fleets to take a fresh look at their disposal strategies, according to Chevin Fleet Solutions.

Aston Barclay's Leeds site has been named LeasePlan UK’s auction provider of the year for 2015 in recognition of its value and service levels.

BCA’s newly-launched LCV auction at Nottingham has reported strong demand from trade buyers, as vehicles from blue chip sellers are offered every Monday.

Manheim’s Gloucester commercial vehicle auction centre has been recognised by LeasePlan as its LCV supplier of the year at the company’s annual supplier awards.

Volvo Car UK has extended its relationship with Paragon in a new contract to manage the remarketing of all the manufacturer’s end-of-term vehicles.

Manheim sold a record breaking 41% of vans to online buyers in January – an 11% increase on 2015.

Average selling prices for ex-fleet cars in Manheim’s auctions in January were up 2.6% (£178) to £7,042 from December, with small and executive cars performing well both month-on-month and year-on-year.

Aston Barclay has secured an exclusive agreement with Thurlow Nunn, providing the Vauxhall dealer with remarketing services through its Chelmsford auction centre.

BCA's latest Pulse report shows that the headline average value of a used car sold at BCA fell in January 2016 compared to December.

Manheim Colchester will today host a 1,000-car sale for BMW in its four-lane auction centre.

Manheim is reporting many commercial vehicle sales recording conversion rates in excess of 80% in the first month of 2016.

Aston Barclay and PJM Valeting have secured their long term partnership with a new deal.

Paragon Automotive is warning that a predicted three per cent rise in new registrations will stress a supply chain that is already operating at capacity.

Average prices of used cars sold via Autorola UK’s online remarketing portal last year were as consistent as the brand has seen in the past 10 years.

Average values for fleet and lease cars were £9,588 in December, a fall of £190 (1.9%) compared to November’s figure of £9,778, according to BCA.

Aston Barclay has secured an exclusive agreement with Cargiant, which will see its Chelmsford site handle all of Cargiant’s part exchanges throughout 2016.

G3 Remarketing is to launch its first physical car auctions in Leeds next month.

The traditional winter surge in values for 4x4s has failed to materialise again this year and may no longer be a feature of the market, reports Glass's.

Cap has announced it is calling time on print editions of its valuation guides to focus on digital delivery of its information and services.

Average sale prices for ex-fleet cars at Manheim auctions rose by 2.6% (up £184 to £7,132) in November.

The headline average value for a used car reached a record level in November, with BCA reporting another strong month for price performance in the used car market.

Lex Autolease is poised to outsource a major part of its remarketing operation to BCA at the start of next year, in a deal worth around 80,000 vehicles.

Used values dropped by 2.6% through November in a predicted seasonal slide.

Vehicle hire companies are increasingly using e-commerce to dispose of defleet stock, often straight into dealer networks, reports Epyx.

Glass’s is reporting that the fastest selling used cars in November were value for money SUVs and crossovers.

An impact on the future used values of Audi, Volkswagen, Seat and Skoda cars with CO2 irregularities is now ‘likely’, according to vehicle pricing experts.

Sustained levels of demand from professional buyers and competitive bidding saw average values for fleet and lease vans and nearly-new vans continue to rise.

Defleeted car values rose by 4.6% (£326) year-on-year in October despite car auction volumes being up 33% over the same month in 2014.

There is widespread concern about personal data being left on vehicles entering the remarketing process, according to a survey from the VRA.

Manheim has deployed its Mobile Auction Unit to sell nearly £500,000 worth of premium vans at a sale in Wiltshire.

Paragon Automotive has announced plans to expand its remarketing operation with the appointment of Jamie Scott.

BCA is expanding its commercial sales programme with the launch of a Monday LCV auction and e-sale at its Nottingham centre.

Despite the recent adverse publicity for diesel vehicles, values of diesel models overall dropped by less than petrol ones, in percentage terms, reports CAP.

Fewer LCVs coming to market did not equate to higher prices or even higher conversion levels in August, according to analysis from NAMA.

Paragon Automotive is investing £4.7 million over the next 12 months to support its growth plans in new car management, de-fleet and remarketing.