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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 [...] -
New and used finance market on the up
- 18/01/2022
- Posted by: Alan Feldberg
- Category: News
New figures released by the Finance & Leasing Association (FLA) found that the consumer car finance market reported new business volumes were up by 33% in November 2021 compared to the same month in 2020. In the eleven months to November 2021, new business volumes were nine per cent higher than in the same [...] -
Used car demand levels off in June
- 05/07/2021
- Posted by: Alan Feldberg
- Category: News
New data has found that used car demand slowed in June, with enquiries falling 7.8% and orders down 2.4%. According to Dealerweb, the average value of used vehicles sold increased from £19,470 to £21,030. James Hill, managing director of Dealerweb, said: “Used car demand has remained strong since the lifting [...]