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NAMA reports steady demand
- 25/09/2023
- Posted by: Alan Feldberg
- Category: News
The National Association of Motor Auctions (NAMA) has reported that the UK market is holding steady and expected to remain robust for the rest of the year. It reported that values are 0.5% down on this time last year, having fallen six per cent in the last three months alone. On a granular level, demand for [...] -
LCV values begin to wane
- 29/06/2022
- Posted by: Alan Feldberg
- Category: News
Average LCV values in May 2022 fell below £10,000 for the first time since December 2021 as demand shifted in the used market. LCV values averaged £9,517 at BCA in May, down by £488 (4.9%) compared to April. Year-on-year, values for May 2022 were still ahead by £142 (1.5%) compared to May 2021. Stuart [...] -
LCV values remain healthy
- 30/05/2022
- Posted by: Alan Feldberg
- Category: News
LCV values remained above £10,000 for the fifth consecutive month in April, according to BCA. It reported that average values were £10,005 in April, down by just £128 (1.3%) compared to March, however performance against guide prices improved slightly from 96.5% to 97.3% over the month. Year-on-year, values [...] -
Used car prices rise for 98th week
- 28/03/2022
- Posted by: Alan Feldberg
- Category: News
The average price of a used car on grew 28.5% 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 [...] -
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, [...]