Average used car values rose above £9,000 for the first time on record in June at BCA as sold prices outstripped market expectations by a significant margin.
BCA saw an ‘exceptionally strong performance’ with record number of customers buying online and sold volumes rising ‘significantly’, in May 2021,
Rockingham Motor Speedway has been acquired by remarketing and car retail giant Constellation Automotive Group for £80 million.
Lex Autolease and Black Horse have agreed a new five-year remarketing contract with BCA, renewing the original deal struck five years ago.
The used car market is booming, with Cap HPI reporting the largest increase in values seen in 12 years.
New car supply issues caused by post-Brexit trade deal with the EU, according to Cox Automotive, while the used car market is outperforming expectations.
LeasePlan UK has struck a five-year remarketing services agreement with long-term partners BCA.
Group 1 Automotive has renewed its exclusive remarketing deal with BCA to support its used car programme for a further two years.
Glyn Hopkin has signed an exclusive three-year remarketing deal with BCA that will sell around 8,000 vehicles annually.
BCA is staging four used van and car online auctions over Christmas and New Year, while Aston Barclay announces two online used car sales during the festive period.
Nexus delivers record volumes of rentals, the Fleet Safety Academy partners with Ctrack by Inseego and Engie announce it's expanding its EV charging network.
The facility will operate 24/7, delivering a full range of BCA’s services, including defleet and logistics, vehicle remarketing and imaging.
BCA says that it will be business as usual, with sales remaining online and extended opening hours for vehicle collections, during lockdown.
BCA’s online car retailing platform cinch has secured a £50m finance facility from HSBC and Natwest to boost its inventory
BCA continues to extend its online sales programme, with the introduction of a new weekly evening sales event.
BCA is reporting that for the fourth consecutive month average used car values remained above £8,000, with sold volumes also rising.
Desire to switch to EVs has increased as a result of the pandemic
Arval UK is launching a new consumer-focussed used car website just as LeasePlan confirms it has closed its UK CarNext operation.
The latest news briefs including BCA launches a new digital sales channel, Arnold Clark announces partnership with Trakm8 and VW partners with Octopus Energy.
BCA is extending its selling programme with the introduction of a new online sales programme starting tomorrow (Saturday, September at 19) at 9.30am.
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