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Used car values top £11k
- 15/11/2021
- Posted by: Alan Feldberg
- Category: News
Average used car values at BCA in October surpassed £11,000 for the second month running. October used car values averaged £11,295 – the second highest value on record and maintaining the pattern of consistently high average used car values reported by BCA in 2021. Year-on-year, average monthly values are up [...] -
BookMyGarage records best ever month
- 15/11/2021
- Posted by: Alan Feldberg
- Category: News
BookMyGarage has achieved its best ever month for bookings in October, growing by 34% compared to the same month in 2020. Meanwhile, bookings in the third quarter of this year have risen by 238% when compared to the same period last year. Alongside the growth in bookings, the brand has also welcomed 13 new [...] -
Car registrations collapse by a quarter
- 05/11/2021
- Posted by: Alan Feldberg
- Category: News
New car registrations have fallen for the fourth consecutive month, with a decline of 24.6% to 106,265 units compared to October last year. According to new figures released from the Society of Motor Manufacturers and Traders (SMMT), plug-in vehicle uptake remained positive in the month before COP26, with battery [...] -
Cazoo creates 20 additional jobs
- 03/11/2021
- Posted by: Alan Feldberg
- Category: News
Cazoo has created 20 new jobs with the launch of its latest Customer Centre in Newcastle. This marks the 21st collection and drop-off location opened by Cazoo over the last 15 months. The site in Newcastle was acquired earlier this year and Cazoo has since invested over £1m, creating 20 new customer-facing and [...] -
Bangers4Ben sale raises £16k
- 03/11/2021
- Posted by: Alan Feldberg
- Category: News
The annual Bangers4Ben sale has raised more than £16,000 for the charity. The 2021 Bangers4Ben Rally took place over the course of four days in October with an 890-mile ‘Best of British’ route travelling through England and Wales. The Bangers4Ben sale saw 16 cars from the Rally sold through BCA’s online [...] -
European market drops by a quarter
- 26/10/2021
- Posted by: Alan Feldberg
- Category: News
New car registrations across 26 countries in Europe fell by 25% to 964,800 units in September, although it was a good month for electric vehicles as the Tesla Model 3 became the first EV to top the sales charts. Felipe Munoz, global analyst at JATO Dynamics, said: “Dealers continue to face issues with the [...] -
Used prices overtake some new models
- 22/10/2021
- Posted by: Alan Feldberg
- Category: News
The latest data from Auto Trader found that the average price of a used car increased 23.9% year-on-year last week. Not only does this mark 76 weeks of consecutive growth, but a fourfold increase on the 5.7% year-on-year recorded during the week of 12 April, when physical forecourts reopened. The record price [...] -
Patience is a virtue for car buyers
- 20/10/2021
- Posted by: Alan Feldberg
- Category: News
Car buyers are prepared to wait as long as a year for a new vehicle, as awareness of the microchip shortage grows. According to research carried out by What Car?, both new and used car buyers are willing to wait for their next car before considering alternatives, with the percentage of people prepared to wait more [...] -
Electric model tops wanted list
- 18/10/2021
- Posted by: Alan Feldberg
- Category: News
Aston Barclay has revealed that an electric car has topped its used car desirability Index for October. It has found that the Hyundai IONIQ was the most in-demand across both its physical and online auction channels. This is the second month running the index has featured a large number of low and zero emission [...] -
BCA renews major remarketing contract
- 15/10/2021
- Posted by: Alan Feldberg
- Category: News
BCA has announced that Volkswagen Group UK has renewed its long-standing remarketing contract. The new three-year contract with the option of a further two-year extension will see BCA handled upwards of 40,000 VWG vehicles a year, supporting brands Volkswagen, Audi, Skoda, SEAT, Cupra and Volkswagen Commercial [...]