• Car enquiries enjoy March spike
    • 03/04/2023
    • Posted by: Alan Feldberg
    • Category: News
    New research has found that the number of enquiries for new and used cars received by dealers increased for the second month in a row in March. iTrackLEADS has reported that enquiries jumped 13% on the same period last year. The key sales month saw overall sales increase 4.5% while test drives fell by 1.6%. [...]
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  • LCV values find their level
    • 20/09/2022
    • Posted by: Alan Feldberg
    • Category: News
    BCA has announced that LCV values averaged £9,864 in August, down from the figure of £10,220 reported in July but still ahead of May and June. Performance against guide prices improved to 97.5%, with just a £10 differential between August 2021 and August 2022.  Stuart Pearson, BCA COO UK, said: “The overall [...]
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  • Used car values on the rise again
    • 21/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    Used car values rose to £9,196 in June, according to data released by BCA, making it the first month-on-month rise in values recorded this year.  Values improved by £745 across the board compared to May 2022, equivalent to an 8.8% increase over the month, with volumes broadly static. Meanwhile, performance against [...]
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  • Demand ‘volatile’ in LCV market
    • 20/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    LCV values averaged £9,800 at BCA in June, up by £283 compared to May. Year-on-year, values for June 2022 were down by £133 compared to June 2021. While average LCV values have risen for the first time in 2022, demand remains volatile. Stuart Pearson, BCA COO UK, said: “It underlines the somewhat [...]
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  • 10 million MOTs due in autumn
    • 13/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    Demand for MOTs is expected to rise sharply from August, according to data obtained from the DVSA by BookMyGarage. The Freedom of Information (FOI) request found that the number of vehicles due an MOT will surge by up to 23% in the late summer and into autumn. The busiest month for MOTs is expected to be September, [...]
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  • Used car prices up 28%
    • 08/06/2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    The like-for-like price of a used car has risen 28.4% in the past 12 months. According to the Auto Trader Retail Price Index, used car prices have risen for 26 consecutive months on a like-for-like basis. The RPI is based on Auto Trader’s daily pricing analysis of around 900,000 vehicles. It found that prices [...]
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  • EV sales exceeding targets
    • 08/06/2022
    • Posted by: Alan Feldberg
    • Category: News
    New data has found that the UK is on course to meet the government’s electric vehicle targets, with adoption rates now ahead of the required curve. Data from the Department for Transport included in Volkswagen Financial Services UK’s first EV tracking report found that over the past decade sales of electric [...]
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  • LCV values remain healthy
    • 30/05/2022
    • Posted by: Alan Feldberg
    • Category: News
    LCV values remained above £10,000 for the fifth consecutive month in April, according to BCA. It reported that average values were £10,005 in April, down by just £128 (1.3%) compared to March, however performance against guide prices improved slightly from 96.5% to 97.3% over the month. Year-on-year, values [...]
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  • Car finance market reports healthy growth
    • 08/04/2022
    • Posted by: Alan Feldberg
    • Category: News
    Figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in February by 24% compared with the same month in 2021. The corresponding value of new business grew by 39% over the same period. In the first two months of 2022, new business [...]
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  • Consumer demand remains high
    • 13/01/2022
    • Posted by: Alan Feldberg
    • Category: News
    A new study has revealed growing consumer demand in December. The data compiled by lead management specialists at iTrackLEADS compared sales activity in December 2021 against the same month in 2020, and found that sales increased 9.2%. However, the shortage of new and used vehicles was evident, with a 31% fall [...]
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