An industry-wide initiative to strengthen data deletion practices in the used car and van sector is being backed by the Vehicle Remarketing Association. The new Data Deletion and Privacy Protection Certificate has been launched by the National Association of Motor Auctions (NAMA) and developed with input from auction operators, compliance experts, and … [Read more...]
Race Retro shines in natural setting
BRSomehow Race Retro’s pleasant rural Warwickshire setting captures the true nature of all historic and club motor sport facets that the popular annual Stoneleigh gathering personifies. Porsche won its first of 19 Le Mans 24-hour victories in 1970 with a 917 driven by Hans Herrmann and British BRM F1 driver Richard Attwood, who anonymously sat next to me in … [Read more...]
Resellers told to expect a big market change
It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of … [Read more...]
Classic cars’ price plateau reached
In an ever-changing year for classic cars, Hagerty Price Guide UK Editor, John Mayhead, analyses the trends that suggest the market may have finally reached a plateau. The last few years have been interesting times for the classic car market. After Covid came a surge in buyers looking for the car they’ve always promised themselves, and Hagerty’s six UK … [Read more...]
Getting the best price for your car
A new study from Auto Express can help drivers decide the most profitable way to sell their cars, and it may surprise you. Using UK Vehicle Data for the latest sale valuation estimates, the study reveals whether sellers should opt for a private sale or a part exchange. The research has revealed that private sales, which are traditionally seen as more … [Read more...]
Golden anniversary of Mitsubishi in Britain
Mitsubishi Motors in the UK is celebrating its 50th year of trading in 2024 and is marking the anniversary with a calendar of events to honour the brand and its heritage. The 50th anniversary year kicked off in February at the annual Mitsubishi Motors in the UK Aftersales Conference. The event brought together all 110 Mitsubishi aftersales dealers across … [Read more...]
Used car prices to fall this year, traders tell Startline analysis
More than eight out of 10 used car dealers expect used car prices and values to continue to fall this year, new research shows. The March Startline Used Car Tracker says that one in five (20%) think the rate of fall will accelerate, 28% believe they will continue at the current speed, and 36% that they will be less severe. Paul Burgess, CEO at Startline … [Read more...]
Ex-fleet sales will dramatically boost ev take up
If leasing companies electrify their fleets earlier, 18 million more households in the EU will have access to cheaper EVs and save on their car spending. At current rates of electrification, 33 million households in the EU will have access to second hand electric cars from today until 2035. But if the leasing sector accelerates its uptake of EVs, this … [Read more...]
Mansell mania makes millions in auction
There is no doubt that ‘Mansell mania’ continues to be strong, with an incredible set of results achieved for Nigel Mansell’s Legacy Collection. Highlights from the collection being sold by the 1992 Formula One World Champion included the 1985 Canon Williams Honda European Grand Prix Helmet 'First Win'. Worn by Mansell in the 1985 European Grand Prix when … [Read more...]
Best & worst places to buy used cars in UK
The most affordable major UK cities to buy a car between 1 and 5 years old have been revealed, with buyers potentially able to save thousands – if they’re willing to travel. According to data published by CarGurus – a leading online automotive marketplace to shop, buy, and sell used vehicles – the national average price of a 2018-2022 model year used car in … [Read more...]
