Average values of ex-fleet and lease cars sold through BCA in August hit record levels for the fourth time this year.
BCA has announced that its auction of 1,000 vehicles from Volkswagen Financial Services made in proceeds in excess of £12.6 million.
The average value of ex-fleet and lease cars sold at BCA in June achieved a record value for the third time in the past four months.
BCA has appointed David Banks as finance director of its international operations.
The agreement will see BCA provide a full range of services from defleet, refurbishment, inspection and collection, inventory management and remarketing.
Values of fleet and lease cars sold through BCA in May fell slightly but remain the third highest on record, its latest Pulse report shows.
BCA Marketplace has rejected a £1.61 billion takeover offer from London-based private equity firm Apax Partners.
Online remarketing offering aims to speed up time to sell, resulting in improved residual values (RVs) and cashflow.
Average fleet and lease used car values hit a record high at BCA in April as demand drove rising prices.
BCA has sold over a million vehicles in one year in the UK for the first time.
BCA has announced that Stuart Pearson will be promoted to chief operating officer Remarketing Division (COO), replacing Simon Henstock.
Values for ex-fleet and lease cars sold at BCA in March hit a new record of £11,122 as demand increased.
The remarketing company says that it will add significantly to the facility’s volume and throughput.
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.
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.
BCA has appointed of Greg Taylor as commercial director – corporate and Matt Bristow as commercial director – OEM.
H.R. Owen has announced a new deal, extending its contract with BCA to remarket part exchange vehicles for another year.
BCA has hit the milestone of selling 200,000 Kia models since it partnered with the manufacturer in a 10-year deal in September 2015.
Average used car values returned to more typical levels in January, after the seasonally affected values recorded during December, according to BCA.
Fleet News offers a range of reports, whitepapers, in-depth features and manufacturer brochures to enhance fleet decision-makers' understanding of key issues and products.
Fleet News is published monthly, in print and digital formats.
Register now to see if you qualify for a free subscription.