Group 1 Automotive has renewed its exclusive remarketing deal with BCA to support its used car programme for a further two years.
Autorola is warning that electric vehicle (EV) prices in used value guides should be used “sparingly” based on its experience of online sales in 2020.
Copart have announced expansion plans for its Bristol Operation Centre as part of its ongoing growth programme.
Shoreham Vehicle Auctions (SVA) says it’s important for vendors to keep physical buyer options open, otherwise they risk compromising bids and used car prices.
Fiat Chrysler Automobiles (FCA Group) has launched a dedicated online auction platform to sell end-of-contract vehicles from its Leasys and FCA Bank businesses.
Cap HPI has announced that Andrew Mee is retiring at the end of the year after having spent the past seven years with the firm.
Used car values have been dropping after a summer of strong growth, but the change in prices is not the result of the current lockdown.
Cox Automotive has highlighted the opportunities for fleets and leasing companies to evolve their business models and invest in new partnerships, in its 2020 Automotive Insight Report.
The months of strong performance in the used car re-marketing sector appear to be coming to end as the market begins to soften at the end of 2020.
The facility will operate 24/7, delivering a full range of BCA’s services, including defleet and logistics, vehicle remarketing and imaging.
After two consecutive quarters of decline, the UK’s used car market increased by 4.4% in Q3, according to new data from the SMMT.
BCA’s online car retailing platform cinch has secured a £50m finance facility from HSBC and Natwest to boost its inventory
Used car values dipped by 2.1% in October – the first fall since March – and look set to fall further, according to new data from at Cap HPI.
BCA continues to extend its online sales programme, with the introduction of a new weekly evening sales event.
BCA has transformed its cinch business into an online retail platform, offering more than 4,000 used cars for sale with home delivery.
BCA is reporting that for the fourth consecutive month average used car values remained above £8,000, with sold volumes also rising.
Andrew Mee, head of forecast UK at Cap HPI, sets out the forecast for used values next year and beyond.
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