BCA and Johnsons Cars Ltd renew three-year exclusive remarketing partnership
Johnsons Cars has renewed their exclusive three-year remarketing contract with BCA, representing around 21,000 vehicles over the period of the deal.
BCA partners with Listers to remarket 40,000 vehicles
BCA and Listers have announced a new remarketing partnership that will see 40,000 vehicles offered for sale. The programme will commence in April 2021, and is expected to run for four years. All vehicles will be pre-sale prepared by BCA
Solid start to 2021 at BCA as used car values rise despite third lockdown
Average used car values at BCA rose for the second month running as trading got off to a solid start in 2021, despite the UK being in the midst of its third lockdown. BCA reported high levels of activity and improving average values across its digital sales programme, with record numbers of buyers joining sales virtually.
Petrol and diesel values remain strong during lockdown despite decline in used car market
Motor auctions members of the National Association of Motor Auctions (NAMA) have told their trade body that internal combustion engine vehicle values have remained strong during the recent lockdown in the United Kingdom.
SVA teams up with V12 Vehicle Finance to support trade buyer activity
Shoreham Vehicle Auctions (SVA) has teamed up with V12 Vehicle Finance, powered by Secure Trust Bank, to provide trade buyers with a seamless used vehicle proposition for wholesale funding.
Used car values rise at BCA in December with records broken in Christmas week
Average used car values at BCA rose by over 4 per cent during December 2020 with steady trading and good levels of demand during the month. BCA reported record levels of activity between Christmas and New Year as the company staged an enhanced programme of online auctions and Bid Now, Buy Now sales.
Pandemic drives surge of small car owners looking to sell for cash
Drivers clambered to offload their small cars for cash during 2020 as the pandemic caused lockdowns across the UK. Sell My Car Direct, previously Southern Car Buyers, saw more than a quarter of the cars offered to the car buying service being made up of city cars and superminis (27%).
Glyn Hopkin renews three-year remarketing deal with BCA
Glyn Hopkin has signed an exclusive three-year remarketing deal with BCA that will sell around 8,000 vehicles annually.
Online auctions to 'stay strong' during lockdown
Motor auctions are confident online sales will continue to offset the closure of physical premises during the lockdown.
Hagerty Investigates The Highs – And Lows – Of Classic Car Auctions In 2020
In a year that has faced unprecedented turbulence, Hagerty experts investigated how the market for classic cars responded. Buyers and sellers had to adapt the way they buy or sell classic cars, while auction companies, whether operating in the physical environment or online, had to dramatically rethink the way they do business.
BCA stages biggest ever online festive sale programme
BCA is offering its buyer customers the opportunity to beat the January rush and fill their forecourt ahead of the competition this Christmas. Thousands of cars and light commercials will be offered exclusively by BCA as it stages its biggest ever programme of online sales over the Festive and New Year period.
'Breakthrough' underway for electric vehicles as used sales grow to 15% of market, says BuyaCar
ELECTRIC CAR sales have reached their highest ever level in the used market, according to the online car supermarket BuyaCar.co.uk.
Used car values hold up well at BCA during second lockdown
Average used car values held up well at BCA during November 2020 as England went into a second lockdown, and significant curbs on day-to-day activities remained in place across the rest of the UK.
TC Harrison Ford and BCA in two-year exclusive remarketing deal
TC Harrison Ford and BCA have agreed a two-year exclusive remarketing deal commencing December 2020. The deal will deliver around 3,200 vehicles annually to BCA’s buyer base.
Shoreham Vehicle Auctions raises over £25,000 for Sussex children's hospice
During its 10 th annual charity auction for Chestnut Tree House Children's Hospice (CTH), independent vehicle auction house Shoreham Vehicle Auctions (SVA) has raised over £25,000 – bringing its total fundraising efforts for the charity, to date, to a staggering £181,523.
Demand for LCVs at BCA continues strongly into October
October was another strong month for light commercial sales at BCA, recording the third highest average monthly value and the second highest sold monthly volume since the onset of the pandemic in March.
'Business as usual' for motor auctions
UK motor auctions have told the National Association of Motor Auctions (NAMA) it is ‘business as usual’ despite the four-week lockdown in England and the additional restrictions across the country.
Online used car newcomer Carzam in final stages of launch preparation
Used car sales website Carzam is in the final stages of preparing for launch – and will be live within days.
Shoreham Vehicle Auctions appeals for children's hospice support
During a period of great disruption for charities nationwide, independent vehicle auction house Shoreham Vehicle Auctions (SVA) is once again pledging its support to Chestnut Tree House children's hospice (CTH).
BCA focuses on customer needs to manage Lockdown 2.0 restrictions
Following the announcement of a second lockdown, BCA has confirmed that it is business as usual with sales remaining online and extended opening hours for vehicle collections.
German brands dominate Britain's online used car market in sales and searches since summer
Analysis of online used car buying trends reveals that German brands have dramatically extended their lead in sales and searches by motorists during the second half of 2020.
Average LCV values and sold volumes continue to rise at BCA in September
September was the strongest month on record since lockdown for LCV sales as average values climbed yet again and sold volumes rose significantly to reach record levels. Demand remains exceptionally strong, with average values continuing to significantly outstrip guide prices and sale conversion in excess of 90% in most sales.
NAMA members see strong values amid a resilient market place
Auction houses continue to experience strong vehicle values, even with increased volume supply, according to the National Association of Motor Auctions (NAMA).
Used car values and volumes rise in strong September market
Used car demand rose at BCA in September, with both sold volumes and average values rising during the month. It was the fourth consecutive month that average used car values remained above £8,000.
Manheim kicks off Q4 with Marshall mega week
At last year’s mega-week event for Marshall, Manheim sold 853 vehicles, beating its previous record of 815 in 2018, and achieved a combined sales value of £4.6 million.