Diesel used car prices rise by 31.3% as demand for older vehicles in the used car market outstrips supply.
Businesses are being advised to review their vehicle remarketing strategies to ensure they are prepared should lockdown measures be reintroduced.
Covid-19 is set to transform the used car market, with more vehicles being sold online at the expense of physical sales.
An expected surge of used cars into the wholesale market, as lockdown restrictions are gradually lifted, look set to be remarketed online.
Digital auction platform Adesa UK says the way defleeted cars are remarketed will undergo a paradigm shift to online when coronavirus lockdown restrictions ease.
By Jonathan Holland, managing director, ADESA UK
Adesa UK is urging leasing companies and fleet operators to factor in disposal costs before committing vehicles to remarketing.
ADESA has deployed what it believes to be the “UK’s first” Artificial Intelligence (AI) solution for the remarketing of vehicles.
This short film from Adesa is on the topic of remarketing.
Cap HPI has appointed Jeremy Yea as its new Black Book editor following a restructure.
Dealers who have signed up for the ADESA Upstream remarketing platform can now bid on and buy stock at any time.
Remarketing firm Adesa is launching its 'upstream remarketing' system in the UK, that allows the remarketing process to begin before the vehicle is fully defleeted.
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