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Used cars remain steady through March
- 19/04/2024
- Posted by: Alan Feldberg
- Category: News
Used car values held firm during March with average prices down just 0.6%, or £42, from February. According to data from BCA, demand for two- to four-year-old cars remains strong, although prices are falling for older and higher mileage vehicles. Stuart Pearson, BCA COO, said: “Whilst there has been some [...] -
BCA announces remarketing renewals
- 10/04/2024
- Posted by: Alan Feldberg
- Category: News
Remarketing group BCA has reported a strong first quarter of 2024 with a number of renewals representing more than 75,000 vehicles. Apart from extending its remarketing contract with BMW Group for a further five years, it has announced two-year renewals with both Kent-based JCB Group and Wales motor group Sinclair [...] -
BCA renews BMW partnership
- 03/04/2024
- Posted by: Alan Feldberg
- Category: News
BCA has renewed its auto services solutions contract with BMW Group UK for a further five years. The contract, which incorporates specialist leasing business Alphabet, will see BCA continue to provide the full range of joined-up used vehicle solutions from pre-defleet sales, inspection and collection, and [...] -
Used car prices hold firm
- 25/03/2024
- Posted by: Alan Feldberg
- Category: News
Used car values at BCA fell just £34 during February, or 0.4%. The average sales price during the month was £7,564, which was still 9.4% ahead of December’s average price. Demand was driven by larger car supermarkets and franchise dealers, with interest strong in the two to four-year-old category. Stuart [...] -
LCV values hold firm
- 22/03/2024
- Posted by: Alan Feldberg
- Category: News
LCV values dipped just 0.3% between January and February, according to data from BCA. It reported that average values were £8,740 across the month, down just £24 on January and up by 8.7% compared to December. Prices held due to strong demand, with the van sector growing for the 14th month in a row in [...] -
BCA reveals LCV price revival
- 21/02/2024
- Posted by: Alan Feldberg
- Category: News
BCA has revealed that LCV values reached their highest point since September in January, reversing a run of three consecutive monthly falls. Values improved by £727 over the month, or nine per cent, to reach £8,764. The new van sector also continued to return positive results, growing for the 13th consecutive [...] -
JCB Group renews BCA deal
- 12/02/2024
- Posted by: Alan Feldberg
- Category: News
Kent and Sussex-based dealership JCB Group has renewed its exclusive remarketing deal with BCA for a further two years. The remarketing partnership will see over 2,500 vehicles sold annually at BCA with all JCB Group sales staged via BCA Online and the BCA Buyer app every Friday. Jonathan Bischoff, managing [...] -
Used car values up 10%
- 08/02/2024
- Posted by: Alan Feldberg
- Category: News
BCA has reported the first monthly rise in average UK used car values since last October. Average used car values at BCA improved by £679 in January compared to December, representing an increase of 9.8% over the month. Sold volume also increased significantly, with the final full week of January recording the [...] -
LCV values end 2023 on downward turn
- 16/01/2024
- Posted by: Alan Feldberg
- Category: News
LCV values at BCA averaged £8,037 in December, the lowest monthly figure recorded since the UK was in lockdown in 2020. This continued a downward trend during 2023, after values peaked at £10,325 in April. Stuart Pearson, BCA COO UK, said: “As last year drew to a close we continued to see the effects of a [...] -
Used car values set to stabilise
- 11/01/2024
- Posted by: Alan Feldberg
- Category: News
Average used car values at BCA ended last year at £6,918, down by £315 on November’s figure. The downturn in December continued a trend throughout the second half of 2023; since peaking in March, average used car values declined by over 22% with nearly half of this realignment taking place in the final quarter of [...]