Jaguars pounce as Classic Car Auctions sale ends year on a high
A fantastic end to the year for Classic Car Auctions as they achieve a tremendous sale rate of 70% and £1.26 million in sales with Jaguar E-Types starring alongside a Datsun 240Z Rally.
Demand for used cars in line with expectations in December
“Almost half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no different,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest
Don’t sink your cash into a flood-damaged car
Cap hpi, part of Solera Holdings, Inc., a global leader in risk and asset management data and software solutions for the insurance and automotive industries, is urging motorists to be aware of the dangers of buying flood and water damaged vehicles with temptingly low price tags.
Shoreham Vehicle Auctions surpasses £150,000 fundraising milestone for Sussex Children’s Hospice
Shoreham Vehicle Auctions (SVA), with the support of the south coast motor trade, has surpassed a major milestone by raising more than £150,000 for Chestnut Tree House Children’s Hospice.
Be prepared for a Jaguar feast at the CCA December auction
Classic Car Auctions December sale has a fantastic selection of Jaguars on offer from the early 60s with the E-type to 2010 with an outstanding XJ Sport and the classic Mk2 2.4 and the XJS.
Digital channels grow rapidly as buyers source and buy stock in a strong used car market
Vehicle web views during Q3 rose by 61.8% to their highest level this year - and one in three of all sales took place online, with buyers turning to digital channels to gain a competitive advantage in a very strong used car market.
Used car market rebounds
“It is positive to see used car sales perform well in the third quarter of the year, but lack of clarity affecting consumer confidence in the new car sector must be addressed”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle retailers in the UK commenting on
High demand for stock drove strong October wholesale market
October saw mixed fortunes for automotive according to the latest data from Cox Automotive. In the latest dealer sentiment survey from Modix, 55% of dealers reported that consumer demand was down YoY.
NAMA comments: demand in used car market remains strong in Q3
“NAMA is pleased to see that the overall used car market has continued to remain strong in Q3 with the market up 0.9%”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released this week
Stunning hypercars & supercars to be auctioned at the Riyadh Car Show
As the anticipation of one of the largest auctions for Hypercars and Supercars gathers pace, Silverstone Auctions are finalising their extraordinary catalogue of some of the most incredible high-performance cars produced.
Vehicle volumes set to fall as used car market enters final quarter
“Half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no different,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures
Silverstone auctions gearing up for a star-studded auction at the NEC this weekend
Silverstone Auctions will be opening the doors to 118 classic and modern classic lots at the Lancaster Insurance Classic Motor Show from the 8th to 10th November at the NEC Birmingham.
BCA Europe launches ‘Electric Fridays’
BCA Europe has launched a weekly online sale of plug-in electric vehicles (PEV) under the banner of 'Electric Fridays', creating a Europe-wide marketplace for this fast-growing automotive segment.
Royals among celebrities most trusted to recommend a car – but it’s ‘no deal’ for Boris
British car buyers look for the ‘royal treatment’ during the car-buying process, according to CarGurus research, with the royal family among the most trusted ‘celebrities’ to recommend a used car.
Used car demand grows in Q3 as prices of hybrids, EVS and late and low stock all rise
The used car market gained significant momentum during Q3 with demand very strong and conversion rates rising to the mid 90 per cent during September according to the latest market insights report from Aston Barclay.
BCA introduces daily valuation intelligence for the remarketing sector
BCA Valuations predicts the final hammer price on vehicles sold at BCA and uses fully automated machine learning algorithms to calculate fair and unbiased valuations, based on 200 distinct data points across 5 million real transactions.
Used car values reach record levels at BCA
Average used car values at BCA rose by a significant £823 (8.7%) compared to August 2019 to reach £10,230 - the highest value recorded since BCA Pulse began reporting in 2005. Year-on-year values rose by £349, a 3.5% rise over the 12-month period.
Mercedes delivers a five-star used car performance in September reports Indicata
September reported the fastest-selling used car with the highest average price recorded so far in 2019 according to market insights from Indicata, part of Autorola.
BCA Buyer app launches in-app bidding
BCA has released a major update to its Buyer app with the introduction of live bidding from mobile devices. The BCA Buyer app has been welcomed by customers, with over 50% of BCA buyers having now used the app.
New Volvo XC40 outshines rivals with exceptional residual values
The newly launched Volvo XC40 T5 Twin Engine plug-in hybrid has comprehensively outperformed its nearest rivals in the latest cap hpi residual value ratings. In R-Design specification, it is estimated to be worth an incredible 58.4% of its original new price after three years and 30,000 miles.
Smoking can drag down the value of your car says HPI
With the 2019 Stoptober campaign about to get underway, automotive data experts at HPI are warning motorists of the damage smoking can do their car’s health, estimating that a car driven by a heavy smoker could lose up to £2000 at trade-in.
The best (and worst) trade-in tricks
When it comes to getting rid of their old car, some sellers will stop at nothing to part-exchange a vehicle that isn’t fit for the road.
New battery electric car sales surge but new bike sales slow
Mycarcheck.com’s valuation experts reveal significant trends in the UK used vehicle market and choose a car and bike of the month.
JCB Group signs an exclusive remarketing deal with BCA
JCB Group, the Kent and Sussex based multi-franchise dealer has agreed an exclusive 2-year remarketing deal with BCA.
Silverstone Auctions to offer a fantastic selection of Aston Martins for sale
The Silverstone Auctions sale at the Lancaster Insurance Classic Motor Show has consigned a fabulous selection of Aston Martins all with fascinating stories and presented in the most incredible condition.