• Used prices set to keep soaring

    • 24 September 2021
    • Posted by: Alan Feldberg
    • Category: News
    Average monthly used car values at BCA surpassed £10,000 for the first time ever Historically, used car activity has been slower in August due to the peak summer holiday season and the impending plate change on 1 September, however the element of seasonal market swings has all but disappeared in 2021 Stuart [...]
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  • SYNETIQ unveils first Smart Hub

    • 20 August 2021
    • Posted by: Alan Feldberg
    • Category: News
    SYNETIQ has announced its first Smart Hub, located just outside the M25 The site will be home to a wide range of client services including online vehicle auctions, green parts supply, and recycling Strategically located near the M25, the new Smart Hub will improve the efficiency of the business’s transporter [...]
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  • BCA broadens list with new partnership

    • 20 August 2021
    • Posted by: Alan Feldberg
    • Category: News
    BCA and Richmond Motor Group are partnering in a new remarketing programme About 60 Richmond Motor Group vehicles will be sold online with a BCA Assured report and the group is also adopting BCA’s Dealer Pro and Consumer Pro appraisal and valuation tools to support their part-exchange processes Sam Nobes, [...]
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  • CD Auction Group secures security certificate

    • 11 August 2021
    • Posted by: Alan Feldberg
    • Category: News
    CD Auction Group has achieved data security standard ISO27001 accreditation This comes after installing new data protection systems and IT infrastructure to make it easier and safer for dealers to buy vehicles Andy Pearce, managing director of CD Auction Group, said: “Over the last 18 months, we have launched [...]
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  • LCV demand driving price rises

    • 24 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    Used LCV values rose £346 from April to May at BCA to record the third highest average monthly value on record The average price for more than 2,000 sales was £9,375, as values continue to outstrip market expectations by a significant margin Stuart Pearson COO BCA UK said: “During 2021 we have seen used LCV [...]
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  • Record demand for used cars

    • 23 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    Used car values at BCA averaged £8,408 in May as buyer demand continued to drive the market Sold volumes increased by nearly eight per cent month-on-month and price performance rose sharply across the board Online buyer numbers reached their highest point as trade activity continued to increase, with over 10,000 [...]
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  • CD Auction Group broadens stock options

    • 21 June 2021
    • Posted by: Alan Feldberg
    • Category: News
    CD Auction Group has expanded its panel of lenders by adding V12 Vehicle Finance to Next Gear Capital and Ratesetter dealer finance V12 Vehicle Finance offers independent, and franchise dealer plans with a single-funded value ceiling of £50,000 for the independent dealer plan and £65,000 for franchised dealers [...]
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  • LCV values remain strong

    • 25 May 2021
    • Posted by: Alan Feldberg
    • Category: News
    BCA has reported that average LCV values remained above £9,000 for the fourth consecutive month Values continue to outstrip guide prices, continuing the well-established trend seen over the past year and sale conversion rates remain incredibly strong, with significant levels of demand for any vehicle that can be [...]
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