• Used car prices continue climbing
    • 23/06/2023
    • Posted by: Alan Feldberg
    • Category: News
    The current average retail value for a used car is up 3.5% on last year’s levels, which were already 24% above 2021. This is according to Auto Trader’s Retail Price Index. However, electric vehicle retail prices are still contracting on a year-on-year basis, with current values down 18.4%. However, there are [...]
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  • LCV values continue strong start to 2023
    • 24/03/2023
    • Posted by: Alan Feldberg
    • Category: News
    LCV values averaged £9,851 at BCA in February 2023, with sustained buyer demand keeping values firm as the strong start to the year continued. Sold volumes improved compared to January with values slightly down on last month at £9,851, while performance against price guides improved sharply to 105.7%, a rise of [...]
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  • Sales dip despite steady stream of enquiries
    • 02/02/2023
    • Posted by: Alan Feldberg
    • Category: News
    Enquiries for new and used cars remained high in January, with no change from the same month last year. However, overall sales of new and used cars dropped 13%, according to data experts at iTrackLEADS. The study sampled data from 300 dealers nationwide and showed test drives only declined five per cent, but [...]
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  • Demand stable in September
    • 08/11/2022
    • Posted by: Alan Feldberg
    • Category: News
    Customer demand remained relatively stable into October, according to data from lead management experts at iTrackLEADS. Overall enquires fell three per cent against the previous month while sales fell 0.4% and handovers increased 0.9%. Adrian Favill, director of iTrackLEADS, said: “It’s clear that concerns [...]
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  • Revival of CV production still strong
    • 27/05/2022
    • Posted by: Alan Feldberg
    • Category: News
    UK commercial vehicle (CV) production rose by 27.6% in April, the fourth consecutive month of growth for the sector. The Society of Motor Manufacturers and Traders (SMMT) reported that 7,879 working vehicles, from vans and taxis to trucks, buses and coaches, left production lines, with the pre-planned ramp up of [...]
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  • MOT demand set to soar
    • 12/04/2022
    • Posted by: Alan Feldberg
    • Category: News
    MOT demand this spring could fall by up to two million bookings, according to data obtained from the DVSA by BookMyGarage. Revealing the latest monthly MOT figures, the Freedom of Information (FOI) request suggests there will be significant peaks and troughs throughout 2022, and potentially for years to [...]
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  • LCV demand remains undimmed
    • 14/03/2022
    • Posted by: Alan Feldberg
    • Category: News
    BCA has reported that LCV values remained at near record levels in February 2022, with average values staying above £10,000 for the third consecutive month. Following on from the record value of £10,812 seen in January, February maintained the consistent run of strong values seen throughout recent months, [...]
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  • Customer demand undimmed by Plan B
    • 21/12/2021
    • Posted by: Alan Feldberg
    • Category: News
    The automotive retail market has remained robust despite the government’s introduction of Plan B measures. This is according to data from Auto Trader. Despite speculation of the impact further restrictions may have on the market, Auto Trader research indicates that high levels of demand will continue, fuelled in [...]
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  • Used car prices continue to soar
    • 23/07/2021
    • Posted by: Alan Feldberg
    • Category: News
    Strong consumer demand is still driving record used car price growth. According to Auto Trader analysis based on 400,000 used vehicles currently advertised on its marketplace, the average price of a used car increased a massive 12.6% year-on-year on a like-for-like basis last week. It not only marks 63 weeks of [...]
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