SYNETIQ success prompts 20% increase in workforce
The UK’s leading integrated vehicle salvage, dismantling and recycling company is beginning 2022 with a new recruitment push, following a flurry of successful contract wins.
Cox Automotive expects wholesale van market to ease after record-breaking year for used vans
Matthew Davock, Director of Commercial Vehicles at Cox Automotive, said: “The well-publicised rollout of low emissions zones around the UK will deliver more used Euro 5 vans into the used wholesale marketplace, but at a cost. Despite market softening, buyers will still have to pay higher prices than pre-pandemic levels for ‘pandemic-worn’ vans that
Steady demand keeps used car values stable at BCA during December
Steady demand throughout December ensured average used car values remained stable, as BCA maintained an extensive sales programme throughout the festive season.
Van buyers revealed as 'most determined customers' in the current online vehicle sales market
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.
Used car values remain stable during November at BCA
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 stages massive festive sale programme
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 secures top spot in Aston Barclay’s November used LCV desirability index
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.
SMMT publishes guiding principles for marketing automated vehicles
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
Top 10 best used family cars revealed according to the people who drive them most - parents
The Audi A3 Sportback has been named the UK’s best used family car – ahead of models from Honda, Fiat, BMW and Volkswagen.
The Appetite for Buying Used Cars Online is Still Relatively Low
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.
Silverstone Auctions Celebrate a Phenomenal £9.2m worth of Sales at Their NEC Classic Motor Show Auction
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.
Used diesel buyers double down even as EV interest soars
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.
NBRA comments on surge in cost of accident repair claims
“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),
Average used LCV values remain stable at BCA
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 quality shines through with top ranking in used car survey
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.
Aston Barclay has released its latest van desirability Index
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.
Average used LCV values remain high at BCA in August
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.
L&L appoints BCA for further two-year exclusive remarketing deal
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.
Diesel takes lowest ever share of sales in the online used car market
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.
Have retail used car prices reached a ceiling? The price gap between newer cars and older ones is narrowing, says buyacar
Soaring used car prices may have reached a ceiling, signalled by a shrinking cost gap between newer and older cars.
Average used LCV values pass £10K at BCA in July 2021
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.
Peter Vardy signs new remarketing contract with Manheim until 2023
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.
Used vehicle shortage fuels surge for UK's leading sustainable salvage company
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.
How to beat the used car shortage - here are the 10 cars with best availability in today’s tough market
Demand is soaring for used cars, with buyers often frustrated when the car they want is quickly snapped up by someone else.
Strong used car market growth in Q2 2021
“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.