Fleet remarketing - Page 30

Values in the fleet and lease LCV sector improved by £110 (1.7%) in October to £6,518 – the third consecutive month a record value has been achieved and the seventh record value seen in 2013, according to BCA.

Fleet and lease vehicles values dropped in the second half of October due to an increase in volume and reduction in appetite, according to G3 Remarketing.

The average selling price of ex-fleet vehicles reached a record high of £7,724, according to Manheim’s latest market report for October 2013.

4x4 values are moving up with October showing a 7.3% increase over September, according to BCA, as demand is expected to rise into winter.

Vmoves is calling for a national training standard for vehicle inspections having identified £19million of damage charges over the past five years.

Proliferation of car choices risks confusion for tomorrow’s trade and consumers, says CAP.

Manheim has announced the completion of a deal to make a 'financial investment' in the Car Group, owner of the wewantanycar.com consumer car buying service.

A January 2013 ‘62’ plate 180ps VW Amarok made its manufacturer auction debut last week at Manheim’s Bruntingthorpe auction centre in Leicestershire.

Reduced values and increased supply have set the scene for a used car market 'soft landing' toward the end of the year, according to CAP Automotive.

The new dedicated sale day for light commercial vehicles at BCA Glasgow is proving popular with customers.

Manheim has overhauled its digital offer for both buyers and vendors in response to an 18% increase in vehicles sold online.

The average values of used LCV’s at auction across the board rose by 4.4%, according to data from the National Association of Motor Auctions.

SMA Vehicle Remarketing, the UK's largest independent vehicle remarketing group, has switched all of its banking facilities to Lloyds Bank as part of a new £13.8 million funding package.

One of Europe's biggest single vendor auctions will be returning to Manheim's Colchester centre this month when Lex Autolease, the UK's largest provider of fleet management solutions, offers more than 1,000 ex-fleet, finance and commercial vehicles for sale.

Average values for light commercial vehicles reached record levels in September, according to BCA’s latest Pulse report, as demand for good quality vans from professional buyers continued to outstrip supply.

Used panel vans have been likened to fine wines for continuing to appreciate in value at auction despite a marked increase in their age.

Experts are divided as to whether residual values could suffer as a result of a growing new car market.

The price of de-fleeted cars at auction rose for the first time in three months, with values increasing by £390 (or 5.6%) during September, according to Manheim.

Average values continued to rise in the used car market in September according to BCA’s latest Pulse report, with both fleet/lease and dealer part-exchange values reaching record levels.

Auction company Manheim is predicting an increase in vehicle supply to the UK wholesale market during the next six weeks.

Demand for used cars continues to be very strong across the SMA Group, with the business continuing to exceed record sales volumes.

Bruntingthorpe Integrated Automotive Solutions has won a major five-year contract to provide central de-fleet services to BMW.

Jardine has staged the biggest sale yet in its exclusive remarketing partnership with BCA, as 340 cars were offered at the Bedford auction centre recently.

Duncan Metcalfe, head of remarketing, Alphabet, on why the old saying that a rising tide lifts all ships certainly applies to the car market.

Used car sales hit 7.1 million units in 2012, outpacing new car sales by climbing 6.4% and returning to pre-recession levels, according to the 2013 BCA Used Car Report.

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.