Fleet remarketing - Page 26

Consistency seems to be the key trend for the de-fleet sector in 2015, as March heralded another month of robust values.

Honda has retained its status as the most reliable used car manufacturer in the UK for the ninth consecutive year, research suggests.

Colours associated with the 1970s - green, beige, gold, bronze, brown, yellow and even orange – are making a comeback on cars, says CAP Automotive.

The Vehicle Remarketing Association’s (VRA) annual conference is promising a diverse range of speakers, addressing topical used vehicle issues, on May 21.

James Davis, head of commercial vehicles at Manheim, looks at the impact of the UK's ageing van parc.

Fleet and lease used values were at near record levels in March, according to BCA's latest figures.

Santander Consumer Finance has renewed its contract with Manheim for a further three years, as part of its ongoing strategy to maintain robust residual values.

Paragon has signed a new long-term deal with General Motors UK to refurbish more than 30,000 vehicles a year.

SMA Vehicle Remarketing is seeing evidence across its network that demand for commercial vehicles is now following the strong demand lead set by passenger cars.

Automotive data provider KeeResources has predicted that recent Financial Conduct Authority regulations will create downward pressure on vehicle residual values.

The average price of a de-fleeted car at auction stood at £7,319 in February 2015, according to Manheim’s latest Market Analysis.

Steve Jackson has been appointed chief car editor at Glass's with responsibility for all car valuations and forecasts for the new and used markets.

Latest figures from the National Association of Motor Auctions shows that during February the average month-on-month value of used cars sold at auction decreased 0.4% from £5,592 to £5,567.

The average value of used LCVs at auction decreased from £4,907 to £4,749 between January and February, reports the National Association of Motor Auctions.

City Auction Group says its second auction at Rockingham was another huge success, with the firm selling 300 vehicles, with a total value of £2 million and all in excess of 96% of CAP.

Demand for ex-fleet used vehicles has picked up significantly in the first two months of the year and looks set to continue through the first half of 2015, according to Andy Brown, managing director of CD Fleet Services.

BCA achieved a record-breaking performance in 2014 selling more than one million vehicles.

Fleet and lease cars averaged £9,673 at BCA in February, a rise of £195 (2.0%) compared to January and the highest monthly value on record.

CD Auction Group is to create a new trading division to better serve its fleet, leasing and contract hire customers.

BCA is reporting rising demand for 4x4s after sub-zero temperatures and a large blanket of snow covered much of the country at the start of 2015.

The value of used fleet and lease cars sold through BCA averaged £9,478 in January, a rise of £352 (3.8%) compared to December.

Values in the fleet sector rose to a seven-month high in January, fuelled by a drop in the average age and mileage of vehicles, according to Manheim’s latest Market Analysis.

Autorola UK experienced a 39% (£3,220) increase in the average price of the thousands of light commercials it sold via its online portal in 2014.

City Auction Group is holding its inaugural auction event at Rockingham Speedway, Northamptonshire today (February 5, 2015).

Average values of defleeted cars improved by £566 to £9,455, according to the latest full-year figures from the BCA Pulse report.

David Flesher has been appointed head of digital marketing for Manheim, where he will look to expand the automotive retail and remarketing business’s digital capability.

The average price of a defleeted car at auction now stands at £6,693, just £102 below December 2013’s figure, data from Manheim’s monthly Market Analysis shows.

Average values for light commercial vehicles rose in December, as a shortage of good quality used vans, combined with the shorter trading period in the run up to Christmas, kept values high.

Ireland-based City Auction Group is due to open a specialist automotive remarketing centre at Rockingham Speedway, Northamptonshire, this month.

BCA has announced that it has gained planning approval for a new 20-acre site at Perry Barr, near Birmingham, in the West Midlands.

Mitsubishi and BCA combined to launch the Outlander PHEV onto the used car market at BCA Nottingham on Tuesday (November 25).

Values for fleet and lease vans averaged £6,527 in October – down by £23 on September, according to BCA.

The Vehicle Remarketing Association (VRA) Inspections Working Committee, established to consider how realistic it might be to take a standard approach to vehicle inspections, has concluded that this will only happen if the industry at large works collectively towards this goal.

October’s van values have achieved a new high, with the average selling price reaching £4,909, according to Manheim’s latest analysis of the wholesale van market.

Used car sales hit 7.4 million units last year, the highest volume recorded since 2006, and fuelling a record market value of £42.7 billion, according to BCA’s Used Car Market report.

Aston Barclay has helped raised more than £5,000 for national and local charities around its Westbury, Prees Heath and Leeds auction centres with a series of special sales on behalf of Alphabet.

A pattern in the plans of UK motorists to sell or trade in their cars has been revealed by the independent car information experts, CAP Automotive.

British Car Auctions (BCA) is working towards a stock market flotation that will value the business at around £1.2 billion.

Hudson Kapel Group has extended its relationship with Toyota and will now be inspecting and refurbishing the company’s management and staff vehicles ready for remarketing to the Toyota dealer network.

Used cars made by MG, Rover and Daewoo are most likely to suffer expensive head gasket failure according to new data from Warranty Direct.