used cars
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Fleet industry news 28 Sep 2020Coronavirus and Brexit thwart used vehicle market long-term plans
The remarketing sector says the ongoing impact of Covid-19 and uncertainty around Brexit are making planning beyond the short term "almost impossible".
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Fleet industry news 25 Sep 2020Copart UK embarks on ambitious growth programme
Copart UK is increasing its vehicle storage capacity, with an ambitious growth programme underway to allow strategic development and expansion across the UK.
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Fleet industry news 18 Sep 2020BCA launches new Saturday online auction programme
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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Fleet industry news 14 Sep 2020BCA reports strong demand for used cars
Average used car values exceeded £8,000 for the third month in a row in August, with sold volumes continuing to rise, up by 3.9% over the month, reports BCA.
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Fleet industry news 4 Aug 2020Used petrol and diesel values soar as demand outweighs supply
The average sticker price of a used car grew by 4.6% to £13,888 in July, marking the fourth consecutive month of price growth, according to data from Auto Trader.
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Fleet industry news 7 Jul 2020Hitachi Capital Vehicle Solutions and Manheim announce sale event
Manheim Auction Services and Hitachi Capital Vehicle Solutions (HCVS) are hosting an exclusive online event on Friday, July 10, featuring a rang of quality cars and hand-picked heavy goods vehicles (HGVs).
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Fleet industry news 2 Jul 2020
Fleets urged to diversify remarketing strategies
Businesses are being advised to review their vehicle remarketing strategies to ensure they are prepared should lockdown measures be reintroduced.
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General News 26 Jun 2020Used car market favours older, cheaper models in June
Used car values for models less than two years old have dropped in June while prices for older, cheaper cars have risen, according to Cap HPI.
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Fleet industry news 16 Jun 2020Coronavirus: Used car market ‘back to pre-lockdown levels’
There are some encouraging signs that the used car market is performing well since lockdown restrictions were lifted.
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Fleet industry news 5 Jun 2020Coronavirus: New guidance for used car industry released
Industry trade bodies have united to publish new safety guidance for the remarketing sector as businesses begin to re-open following the lockdown.
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Opinion 3 Jun 2020Managing supply is key to used values
By Andrew Mee, head of forecast UK at Cap HPI
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Fleet industry news 3 Jun 2020Used car market to avoid double digit decline in RVs
Fleets urged to stagger vehicle returns to help lessen the impact of coronavirus on used car values, while dealers are warned not to cut new car prices.
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Fleet industry news 27 May 2020
Used cars: Leasing companies will have to ‘work harder’
Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.
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Fleet industry news 26 May 2020Coronavirus reshaping the used car market
Covid-19 is set to transform the used car market, with more vehicles being sold online at the expense of physical sales.
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Manufacturer news 13 May 2020Coronavirus: used car market hit by 8.3% decline in Q1
The used car market has suffered a decline of 8.3% amid the Coronavirus pandemic, according to new data from the Society of Motor Manufacturers (SMMT).
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General News 27 Mar 2020Coronavirus: Used car values slide
Used car values have fallen by 2.2% this month as retail and trade demand is affected by the Coronavirus crisis, according to Cap HPI.
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Fleet industry news 23 Mar 2020
Coronavirus: BCA vehicle auctions go online only
BCA sales has announced all vehicle auctions will go online only to ensure the well-being of customers and staff in relation to the ongoing coronavirus crisis.
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Fleet industry news 13 Feb 2020
Strong demand for diesel and petrol used cars in 2019
Strong demand for used petrol and diesel cars continued in 2019, with sales of the latter down just 0.6% to 3,297,953 units and a 41.7% market share, says the SMMT.
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Fleet industry news 20 Jan 2020Used car values rise to record levels
The average values for fleet and lease, and dealer part-exchange vehicles rose to record levels at BCA in December 2019.
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Manufacturer news 6 Jan 2020
December’s used car values strongest since 2012
The used car market outperformed expectations in December, with values remaining the strongest since 2012.
