Used car sales on motor auctions remains strong
The National Association of Motor Auctions has reported that the sale of used cars among its members remains strong.
It’s latest market review found healthy consumer demand for quality stock at the right age, mileage and price point.
It has also identified growing confidence in electric vehicles and hybrids, with conversion rates increasing.
Meanwhile, the light commercial vehicle sector remains steady with consistent demand through May and June despite increasing numbers of customised vans entering the market,
A spokesperson for NAMA said: “NAMA will continue to monitor wholesale market performance closely and provide members with regular updates on emerging trends and market developments.
“Feedback from members remains an important part of this process, helping to build a comprehensive picture of trading conditions across both the car and LCV sectors.”
