Fleet remarketing - Page 18

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.

A £21.5 million claim brought against BCA Trading Limited by the founder of Tradeouts Limited, a digital platform connecting car dealers, has been dismissed by the High Court.

Fleet and lease stock sold through BCA in February returned the second highest value on record, with values rising to £10,972.

Having fallen in January, fleet and lease LCVs rose in value in February as demand remained high and volumes eased slightly.

BCA has announced the trial of a new mobile buyer app that will provide tools for both physical and digital customers to make the buying process easier.

Liquid Fleet will be selling a total of 1,000 used cars and light vans in the first 12-months with stock going through the weekly Wednesday fleet auction.

Aston Barclay Westbury’s deal with Wessex Garages and MotoNovo will see a new sales programme and site modifications for second auction hall.

H.R. Owen has announced a new deal, extending its contract with BCA to remarket part exchange vehicles for another year.

Values for used diesels grew by 5.95% in February, according to Cox Automotive.

Taking place on March 22 at CD Auction Group in Corby, it will include a detailed presentation on how to handle the recent Advertising Standards Authority.

Investment will enable Aston Barclay to increase its site capacity and to build a twin turntable inspection bay.

The used car demand has remained strong and as it stands today, despite plenty of rhetoric to the contrary, diesel values demand in the retail market remains good and as such both retail and Cazana remarket values have remained largely robust.

In mid-2016, around 32% of its vehicles were sold online through its Motortrade platform but, by the end of last year, this had increased to nearly 60%.

City Auction Group is celebrating its three-year anniversary at the Rockingham auction facility, where it achieved record-breaking growth last year.

Prices rise claim auction houses, but trade guides report declines, Dean Bowkett discovers.

Used diesel car values have hit a two-year high with strong interest in them continuing from trade buyers and their retail customers, says Aston Barclay's 2017 Market Insights report.

The UK’s used car market fell by just 1.1% compared with the previous year, as more than 8.1 million models changed hands, according to the SMMT.

Construction company’s collapse raises questions over future of 10,000 vehicles.

LeasePlan reports a 9.7% rise in profits and says it wants to lead the trend from car ownership to usership to subscription in both new and used car markets.

BCA has launched a new commercial vehicle auction programme with new regular sales starting in Blackbushe, Glasgow and Wolverhampton.

Average used car values returned to more typical levels in January, after the seasonally affected values recorded during December, according to BCA.

Aston Barclay’s 2017 Market Insights report suggests that used diesel cars are showing no signs of losing their appeal.

BCA Newcastle has reported record levels of trading in the first weeks of January with 600 used cars sold in one week.

Hydrogen powered cars will have much stronger residuals than combustion or electric models.

Harcus Sinclair say that more than 4,000 used car buyers have registered their interest in the used car mis-selling group action.