• Cazoo publishes first quarter results
    • 28/04/2023
    • Posted by: Alan Feldberg
    • Category: News
    Independent online car retailer Cazoo has healthy first quarter results for 2023, with 18,679 vehicles sold and revenues of £247m. This represents a decrease of seven per cent and 11% respectively on 2022. Paul Whitehead, chief executive officer, said: “I am very pleased with our performance in the first [...]
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  • BCA and West Way Nissan extend partnership
    • 14/02/2023
    • Posted by: Alan Feldberg
    • Category: News
    BCA and West Way Nissan have announced a renewed 12-month remarketing agreement offering up to 100 vehicles a week. West Way vehicles are sold online via BCA Online and the BCA Buyer app, with the majority of vehicles based at BCA’s Brighouse facility. David Hunter, West Way Nissan’s Group vehicle remarketing [...]
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  • Used car demand remains robust
    • 24/01/2023
    • Posted by: Alan Feldberg
    • Category: News
    Used car demand remained steady during December, although online remarketer BCA reported a definite lift in interest through the festive season as BCA. It found that values averaged £8,265 last month, down by £212 or 2.5% compared to November. Meanwhile, there continued to be particular pressure in the used EV [...]
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  • BCA reports softening of used car prices
    • 20/12/2022
    • Posted by: Alan Feldberg
    • Category: News
    Used car values averaged £8,492 at BCA in November 2022, down by £331 or 3.8% compared to October. Meanwhile, buyer engagement across BCA’s online sales programme remained robust and first-time conversion rates rose again, averaging over 80% in November. While average selling price has fallen for two [...]
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  • Citroën launches online platform for LCV range
    • 12/12/2022
    • Posted by: Alan Feldberg
    • Category: News
    Citroën UK has introduced a new online reservation platform for its Light Commercial Vehicle (LCV) range. The LCV reservation platform is part of Citroën’s omnichannel approach, designed to make the purchasing process as simple as possible. It enables customers to tailor the mileage, deposit, advance rental and [...]
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  • SalvageMarket subscriber numbers surge
    • 24/11/2022
    • Posted by: Alan Feldberg
    • Category: News
    e2e Total Loss Vehicle Management has reported a 25% increase in SalvageMarket’s subscriber base since it was relaunched with improved technology. SalvageMarket is the UK’s premium online salvage auction with thousands of vehicles available through its weekly auctions. Since relaunch three weeks ago, e2e has [...]
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  • LCV values remain steady
    • 22/11/2022
    • Posted by: Alan Feldberg
    • Category: News
    LCV values averaged £9,674 at BCA in October, down just £15 on September’s figure and underlining the good balance between supply and demand. Performance against guide prices continued to improve, rising above 100% for the first time since February of this year. It is the third consecutive month that BCA has [...]
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  • Ancaster Group renews BCA partnership
    • 15/11/2022
    • Posted by: Alan Feldberg
    • Category: News
    Ancaster Group has extended its remarketing partnership with BCA for a further three years until the end of 2025. As part of the deal, BCA will continue to support the South-East dealer group with online remarketing programmes. The three-year remarketing programme will see a total of around 4,500 vehicles [...]
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  • Copart investing in new Scottish HQ
    • 13/09/2022
    • Posted by: Alan Feldberg
    • Category: News
    Online vehicle remarketing and recycling company Copart UK is bringing investment and job opportunities to the Fife area by opening new CashForCars headquarters in Kirkcaldy. Launched in 2021, Copart UK’s sister company CashForCars is the UK’s leading online car buying service. Its web-based technology [...]
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  • Retailers remain car buyers’ top choice
    • 26/07/2022
    • Posted by: Alan Feldberg
    • Category: News
    The majority of car owners (55%) still buy their car from a car showroom, increasing to 64% of over 55s, compared to just 38% of under 34s. The survey of 2,000 UK drivers, commissioned by InsuretheGap.com, found that over a third (36%) buy from showrooms so they can part-exchange their vehicle, get a warranty (33%) [...]
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