Fleet remarketing - Page 6

There is growing concern that the poor performance of EVs in the used market could force leasing companies to increase monthly rentals on new electric cars.

The market for used EVs is improving, with BCA reporting that it had its strongest performance for EVs in May, since the peak recorded last October.

Biggest barriers to EV adoption in the used market revealed in new research .

BCA has signed a long-term agreement to develop remarketing activities in Europe for the combined operations of ALD Automotive and LeasePlan.

Paul Hollick, chair of the AFP, examines how uncertain future RVs for electric vans are proving to be a significant barrier to fleet adoption.

Average monthly used light commercial vehicle (LCV) values at BCA continued to climb in April, reaching their highest point since early 2022.

An imbalance between supply and demand in the used electric vehicle (EV) market could push prices down by up to a further 10%.

The latest electric fleet news, including how salary sacrifice can mitigate 40% tax trap and Allstar increases EV charging network.

A used EV, with less than 10,000 miles on the clock, can be bought for half the price of a new electric car, according to analysis of used values by the AA.

The new light commercial vehicle (LCV) market grew for the fourth consecutive month in April, rising by 4.9% to 22,665 units.

Pure electric cars were the fastest growing powertrain in the used car market during the first three months of 2023, new data from the SMMT shows.

Matthew Davock, director of commercial vehicles at Manheim UK, looks at what the "exceptional" volume of LCVs being de-fleeted in Q1 has revealed.

New car registrations are expected to exceed previous estimates, new analysis from Cox Automotive suggests.

Paul Hollick, chair of the Association of Fleet Professionals (AFP), looks at why the collapse of used electric vehicle values is bad news for fleets.

Electric car salary sacrifice provider, Loveelectric.cars, has launched Re-loveelectric, a used electric vehicle (EV) salary sacrifice scheme.

An advisory group of battery experts is being assembled to explore ways of promoting greater confidence in the used electric vehicle (EV) market.

The Fiat 500 city car’s consistently strong value as a used vehicle secured it an overall win in Cap HPI’s first ever data-driven Used Car of the Year Awards.

With low BIK tax rates incentivising company car drivers to make the switch to electric, the Government is being urged to incentivise the retail sector.

The best-performing used cars will be revealed by Fleet News when the winners of the Cap HPI Car of the Year Awards are announced on Friday (April 21).

Andy Picton, chief commercial vehicle editor, Glass’s (part of Autovista Group) looks at the new and used LCV market in March.

Manheim UK has reported the strongest ever start to a year with 22,344 vans and trucks being de-fleeted through its auction and de-fleet networks.

Aston Barclay has launched a new monthly electric vehicle (EV) auction in response to the fall in plug-in prices experienced over recent months.

The Vehicle Remarketing Association is calling for an industry standard battery health check to increase confidence in the used electric vehicle sector.

DriverCheck helps M&D Care cut driving risk and BCA enhances customer service.

Wholesale prices for used LCVs averaged £9,851 at BCA in February 2023, with sustained buyer demand keeping values firm as the strong start to the year continued.

Electric vehicles being defleeted are taking more than twice as long to sell as internal combustion engine models, new research from Epyx suggests.

Dylan Setterfield, head of forecast strategy, Cap HPI, explains why the timing of Tesla’s price drop could not have come at a worse time for the used EV market.

Other electric vehicle manufacturers rule out responding with own reductions after rival's cut puts pressure on used EVs.

Transport and Environment (T&E) claims lease rates for electric vehicles are overpriced, but BVRLA says analysis shows little understanding of the market.

Speakers have been named for the Vehicle Remarketing Association’s (VRA) March meeting on EV remarketing and Quartix has launched a new vehicle check app.

Cox Automotive has reported the highest volume of vans in five years passing through its auction and de-fleet networks.

The scale of the squeeze on supply in the UK’s used car market has been revealed in new figures published today by the SMMT.

Cars and vans being run for longer due to new stock shortages will require a greater focus on reconditioning, says the Vehicle Remarketing Association (VRA).

There continues to be pressure in the used electric vehicle market, with some models seeing significant pricing corrections throughout the month, reports BCA.

The used value for a one-year-old Tesla Model 3 Long Range with 20,000 miles on the clock has fallen by £11,600, or more than 25%, since the middle of September.

Paua has announced a partnership with Optimize and Applied Driving has teamed up with the Institute of Highway Engineers (IHE).

Used car values averaged £8,492 at BCA in November 2022, down by £331 or 3.8% compared to October.

Several changes have been introduced regarding electric vehicles (EVs), including the requirement for them to have a full charge at the point of collection.

Aston Barclay has appointed Danny Healey to the new position of head of light commercial vehicle (LCV) development.

Manheim Auction Services has sold more than £22 million of assets including trucks, plant and machinery, during 2022