Fleet remarketing - Page 30

Fleet managers could save tens of thousands of pounds in end of life de-fleeting costs and improve residual values (RVs) by opting for ongoing smart repair work throughout the life of the lease, according to ACIS.

Average values of used LCVs at auction across the board rose by just 1% from £4,188 to £4,224 between July and August, according to the National Association of Motor Auctions (NAMA).

Volkswagen Group and its leasing and rental Partners, LeasePlan, VWFS and Enterprise sold 419 vehicles at BCA’s Nottingham remarketing centre on September 5, 2013, generating a turnover of £5.59 million.

New data from G3 Remarketing shows fleet and lease vehicles values still remain strong, with the average fleet prices around £8,987.70.

The average value of used cars sold at auction across increased from £4,862 to £4,899 during August according to the National Association of Motor Auctions (NAMA).

BCA's first sale in September set a new sales day record, selling 240 cars for a turnover of £1.6 million to achieve the best result since BCA Glasgow opened in 1983.

Average values of used light commercial vehicles (LCVs) at auction rose slightly in August to £4,076, an increase of £14 from the July figure.

According to Manheim’s latest monthly barometer of activity, prices of de-fleeted cars at auction are still strong.

BCA has announced the appointment of Daniel Burgess as commercial director for the company’s UK operations.

BCA’s latest Pulse report shows that the headline average monthly used car value in August improved by 1.8% to £7,037, with fleet and lease values reaching record levels.

Demand from professional buyers and shortages of good retail quality vans helped record exceptionally high average values for light commercial vehicles in August, according BCA’s latest Pulse report.

The new van sale section runs within Manheim Colchester's four lane van auction at a prime time every four weeks.

Tim Spencer, commercial vehicle manager at Manheim Remarketing, comments on the LCV market.

A brand new, high-speed website for Motors.co.uk has gone live, featuring enhanced listing functionality, intuitive search capability and additional visual content.

Second-hand car buyers are having to factor in lower incomes and decreased job security when purchasing a vehicle, according to research from LeasePlan UK.

The Vehicle Remarketing Association has confirmed the final speaker line up at its 20th September conference being held at the Crowne Plaza Heythrop Park near Oxford.

A recent commercial vehicle sale at Manheim showed strong demand for two used AshWood hybrid Transits, with the vans achieving significant premiums over their standard cousins.

CD Auction Group has launched a redesigned version of its website as part of a £300,000 investment as the company gears up for more and more businesses moving their vehicle buying and selling online.

Non-maintained fleet and leased vehicles which are presented at auction without a full service record are losing up to £390 per vehicle and up to 5% of their value, according to G3 Remarketing.

The National Association of Motor Auctions (NAMA) van market report shows average values of used LCVs at auction across the board fell by 2% compared with June.

SMA Vehicle Remarketing achieved record sales for the week ending August 9, 2013 despite the fact that August is traditionally a quiet period.

Headline light commercial vehicle values climbed in July according to BCA’s latest Pulse report, although by only £6 compared to June values.

Manheim’s three dedicated commercial vehicle auction centres are the first in the industry to gain the Institute of Customer Service (ICS) ServiceMark site accreditation.

Mazda Motors UK enjoyed a successful return to physical closed auctions at Manheim’s auction centre in Coventry.

The latest National Association of Motor Auctions (NAMA) report shows that during July, the average value of used cars sold at auction across the board increased.

BCA’s latest Pulse report shows that the headline average monthly used car value in July declined by 1.8%, while fleet and lease values also reported a fall.

BCA and Harwoods, the southern prestige dealer group,have signed an exclusive remarketing deal that will see around 3,000 cars offered annually through a programme of sales staged at BCA London Enfield.

Wholesale used van values rise year-on-year, despite increase in average age and mileage, reports Manheim.

Prices of de-fleeted cars at auction fell in July, as the age and mileage of vehicles rose slightly, according to Manheim's latest monthly barometer of activity.

LeasePlan Germany has announced an expansion of its partnership with BCA.

The Vehicle Remarketing Association (VRA) has released details of its 2013 conference which is being held on 20th September at the Crowne Plaza, Heythrop Park, near Oxford.

There has been large increase in the number of dealers buying via online auctions, as confidence grows in this digital channel, according to G3 Remarketing, which disposes vehicles direct from fleet operators, finance houses and leasing companies.

The average values of used LCV’s at auction across the board fell by just £33 from £4,322 to £4,289 between May and June, according to the National Association of Motor Auctions (NAMA).

The average selling price of ex-fleet vehicles reached a yearly high of £7,368, according to Manheim’s market analysis report for June 2013.

A Yorkshire motor auction is celebrating its tenth year with growth boosted by recession-busting buying habits.

Headline light commercial vehicle values fell back for the second month running in June according to BCA’s latest Pulse report, although values remain well ahead year on year.

Manheim’s Market Analysis report for June 2013 shows that the average value of vans sold were 3.4% higher year-on-year for the period June 2012 to June 2013, despite average age being one month higher and mileage increasing by 683 miles.

Automotive service and remarketing company Manheim has taken a controlling stake in digital business Kingfisher Systems (Scotland) Limited.

A south west independent used car dealer has joined the recently launched RAC BuySure used car initiative.

The AA has launched AA Cars with the aim of offering dealers immediate access to the AA’s 15 million members as well as being visible to the millions of visitors to the AA’s own website, including the eight million who use the AA Route Planner very month.