Fleet remarketing - Page 25

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.

Values for ex-fleet cars sold by Manheim reached their highest levels for at least 12 months in September

Average fleet and lease used car average values rose by 0.5% in September, according to BCA's latest Pulse report.

Manheim once again saw younger and lower mileage stock keep used van values relatively stable in September considering a 42% increase in year-on-year volumes.

Manheim has announced plans to relocate its Leeds Commercials auction operation to its Shepshed site as a centre of excellence for commercial vehicles.

CAP reports average used car values remained steady in September, moving down by 0.7% at the three-year, 60,000 mile point.

Kia Motors UK has turned to Paragon to support its supply chain as it seeks to sell 100,000 cars a year in the UK by 2020.

While values fell back in August as each sector recorded a small decline compared to July, it was another steady month for the wholesale used car market.

The average values for de-fleeted cars were up 2.2% (£159) in August, according to Manheim monthly sales data, and 1.4% (£103) above the same month last year.

Refurbishment, transport, storage and inspection options have been added to the 1link system thanks to a new deal with Bruntingthorpe.

CAP says average value drops low at 0.6% but warns of storm clouds ahead

Manheim has acquired a majority shareholding in online vehicle logistics platform, Movex, which performs around 40,000 vehicle movements each year.

Smarter remarketing strategies will be needed by manufacturers and leasing companies if they are to be successful in the used car market in 2016, says Glass's.

Average de-fleeted supermini values were up 9.4% (£455) in July compared to the previous month, with ex-fleet MPV values also performing strongly.

Manheim saw record CV volumes in July, with a 45% increase in volume year-on-year, and average selling prices up 1.6% (£75) from June.

The strong influence of mid-range LCVs should enable continued price stability throughout 2015, according to Shoreham Vehicle Auctions.

Car dealers are backing proposals by the EU to introduce legislation to outlaw mileage correction firms by May 2018.

Aston Barclay has signed a two year deal to provide vehicle inspection and remarketing services to Venson Fleet.

Wilsons Auctions has joined with NextGear Capital to offer stock funding facilities.