Surging demand for light commercial vehicles has seen van drivers proving more decisive than all other motorists on the popular online car supermarket BuyaCar.co.uk.
Average used car values remained very stable at BCA during November with well-balanced supply and demand ironing out some of value spikes seen in recent months.
BCA has announced an extensive programme of online auctions and Buy Now sales between Christmas and New Year with thousands of vehicles on offer.
Toyota’s Hilux pick-up was the most sought after used light commercial vehicle for the second consecutive month according to Aston Barclay’s November LCV desirability index.
The automotive industry has committed to a new set of guiding principles for marketing automated vehicles, published today by The Society of Motor Manufacturers and Traders (SMMT). 1
The Audi A3 Sportback has been named the UK’s best used family car – ahead of models from Honda, Fiat, BMW and Volkswagen.
These were important findings within MotoNovo Finance's latest wave of its long-term, independently undertaken research assessing consumers attitude to car buying, assessing how the car buying journey & research has evolved over the last year.
This past weekend, specialist automotive auction house Silverstone Auctions, returned to NEC Classic Motor Show for their tenth time as the ‘Official Auction Partner’. As the final hammer fell, the company recorded a staggering £9.2m worth of collective car, motorcycle and automobilia sales; with an impressive 83% sales rate.
GROWING diesel sales in the online used car market may be powered by drivers wanting a car with a more desirable badge rather than availability or price, according to a new analysis of sales.
“Following claims that a surge in the price of second-hand cars is driving up the cost of accident repair claims, the NBRA agrees that there is a danger that some insurers may not recognise this fact, and instead will simply think that repairers are charging too much”, comments Chris Weeks, Director of the National Body Repair Association (NBRA),
September saw average LCV values lift to £9,902 at BCA, with steady demand generating a small month-on-month rise of £18 as the market remained stable for the fourth month running.
Lexus has been named the best brand for used vehicles in a survey of thousands of UK car owners. The results of the 2021 Auto Express Driver Power study reveal the highest levels of satisfaction and the lowest incidence of problems with pre-owned Lexus models.
For the first time since the index was launched, a 4x4 pick-up, the Toyota Hilux, has topped the table. Its a nod to the all-weather versatility of 4x4 pick-ups and the continued growth of the construction sector.
LCV values continued at strong levels at BCA in August, averaging £9,874 over the month, the third highest average value on record. Average monthly values have risen by £2,165 in the past year, equivalent to a 28% increase compared to August 2020.
Hertfordshire based Mercedes-Benz, Smart and AMG retailer L&L Automotive Group has renewed its exclusive remarketing deal with BCA for a further two years.
Car buyers are continuing to turn their backs on diesel in favour of hybrid and electric vehicles, according to a new analysis of online used car sales.
Soaring used car prices may have reached a ceiling, signalled by a shrinking cost gap between newer and older cars.
LCV values continue to climb at BCA and passed £10,000 for the first time in July as buyers continued to compete strongly for the stock on offer.
The Peter Vardy Group, one of Scotland’s best-known family run automotive businesses, has signed a two-year contract, beginning a new remarketing partnership with global vehicle remarketing provider, Manheim.
SYNETIQ - the UK’s largest integrated salvage, dismantling and vehicle recycling company - has seen unprecedented demand through its online vehicle auction, leading to increased value of salvage vehicles.
Demand is soaring for used cars, with buyers often frustrated when the car they want is quickly snapped up by someone else.
“As anticipated, the used car market performed strongly in Q2 2021 as the nation unlocked and motorists had an increased need for personal mobility”, Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), commenting on the latest SMMT’s used car figures.
Strong levels of demand in the wholesale market continue to drive average used car prices to new heights, as BCA reported record values for the second consecutive month supported by sale conversion rates reaching historically high levels for the time of year.
“It is extremely positive that the used car market results in Q2 broadly reflect the heightened demand auction houses have been experiencing” according to the National Association of Motor Auctions (NAMA), commenting on the SMMT’s used car figures released today.
Newly founded used car specialist Carsa Ltd has signed an exclusive remarketing deal with BCA to offer around 50 cars weekly via the BCA Online sales programme. Stock will be located at BCA Blackbushe and will feature a wide range of quality part-exchange vehicles with an average selling price of around £4,000, with all eligible vehicles offered
