• Used car values beginning to realign

    • 18 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    Used car values averaged £8,552 at BCA in April 2022 as the used marketplace continued to level out in the face of numerous external economic pressures Values were on a par with those seen a year ago, although the intervening 12 months have seen average values reach exceptional levels as pent up demand combined with [...]
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  • Used car buyers turn to automatics

    • 12 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    Automatics now make up as much as 72% of the used car market in parts of the UK, with their numbers bolstered by the increasing popularity of electric vehicles This is according to new research by AA Cars, which is the AA’s used car website Across the UK, automatics now make up 41% of the used cars for sale on [...]
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  • BCA and SsangYong agree logistics deal

    • 11 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    SsangYong Motors UK and BCA have agreed a new logistics partnership that will support SsangYong meet customer needs BCA is the leading end-to-end, fully digital B2B used car marketplace across the UK and Europe, supported by its own in-house fulfilment and logistics services It offers a full range of integrated [...]
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  • Used car market enjoys strong start

    • 10 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The UK’s used car market increased 51% in the first quarter of 2022, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT) It found that 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021 Used car sales [...]
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  • Used car prices levelling off

    • 9 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of a used car increased by 322% year-on-year in April, according to data from the Auto Trader Retail Price Index Although it marks the 25th month of consecutive price growth, it does suggest a slowing market, with the rate of growth increasing just a fraction on the 32% rate recorded in [...]
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  • Used car prices rise for 24th straight month

    • 8 April 2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of a used car increased 32% on a year-on-year (YoY) and like-for-like basis in March, marking the 24th month of consecutive price growth According to Auto Trader, the average value of used cars increased nearly £4,400 in this period, with one in five ‘nearly new’ cars selling for more than [...]
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  • Used car prices rise for 98th week

    • 28 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of a used car on grew 285% last week on a year-on-year (YoY) and like-for-like basis, according to data from Auto Trader This represented the 98th week of consecutive price growth Despite current inflation rates, the latest consumer research conducted by Auto Trader suggests consumer [...]
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  • Smart Repairs set for major growth

    • 17 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    Independent cosmetic vehicle repairer Smart Repairs has announced major expansion plans following a record-breaking year The Leeds-based company, which has recently bought 18,000 sqft freehold premises in the city, is looking to hire 100 new technicians across the country this year This is a result of a stellar [...]
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  • Snows signs up with BCA

    • 7 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    Snows Group has signed a new and exclusive three-year deal with BCA to support its used car programme The new deal will see around 3,000 vehicles a year sold via BCA Online and the BCA Buyer app, with sales every Wednesday All vehicles are pre-sale prepared, and all eligible cars are offered under the BCA Assured [...]
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  • Buyer demand holds firm in February

    • 4 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    Consumer demand continues to rise for new and used vehicles, according to the latest data from iTrackLEADS It sampled data from 300 dealers across the country, which showed a nine per cent rise in the number of leads in February against the same month last year, while test drives increased by 128% However, the [...]
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