Volvo Car UK has taken a motor industry lead with the launch of the UK’s first online platform for the sale of approved used cars, direct from the manufacturer. Volvo Cars Selekt Direct allows consumers to search for, select and pay for the premium Volvo Selekt approved used car they want in a full, end-to-end service that is both convenient and secure. … [Read more...]
EVs depreciate less than petrol or diesel cars
A leasing company has analysed a popular online car marketplace and compared the prices of the UK’s most popular used cars against the number of miles the car had done to uncover the average depreciation cost per mile our cars drive. The average price an petrol or diesel car depreciates is 67ppm or by £4,669.90 a year compared with an evs cost of 55ppm and … [Read more...]
The changing face of car sales and part exchanges
More manufacturers selling direct to the public is going to change the dealership model in future. The effects of the growth of franchise dealer agency models on the remarketing sector are not yet understood but could be far-reaching, according to the Vehicle Remarketing Association. Last year, Genesis launched as a manufacturer only on-line sales platform … [Read more...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
Newslines 12 January
Pirelli tyres equip the new Ford Mustang Mach-E GT Performance Edition, the fastest and most powerful version of the first all-electric SUV produced by the Blue Oval. A new technical collaboration between the companies has resulted in a specific Pirelli P Zero tyre, part of a family of Ultra High Performance tyres that offer the right balance between … [Read more...]
SUVs dominate used sales & Fiesta is most popular
SUVs were the fastest selling used cars of 2021, while the Ford Fiesta has retained its title of the most popular overall for the seventh year in a row. The Mercedes GLA has been crowned the fastest selling used car of the year, with examples of the luxury German model (below) spending the shortest time on the AA Cars platform before being snapped up by … [Read more...]
Remanufactured parts focus of green agenda
With a total value of €4.7 bn of sold remanufactured spare parts by suppliers in 2020, the automotive aftermarket is already substantially contributing to the circular economy targets proposed by the European Commission in their Green Deal. CLEPA, together with the consultancy Oakdene Hollins, recently published a study on the contribution of automotive … [Read more...]
Used electric vans are a new challenge
The remarketing sector needs to learn to present used electric vans correctly to maximise their saleability, delegates were told at a webinar organised by the Vehicle Remarketing Association. Paul Kirby, of EV Essentials, explained that additional care needed to be taken to highlight operational factors such as range, speed of charging, and … [Read more...]
Kia’s generation game changer
For a generation of motorists it’s difficult to think that Kia Motors UK never existed and for others it’s hard to believe how far they have come in 30 years. Entering UK showrooms in 1991 with the rebadged Mazda 121 selling as the Kia Pride, the Korean brand registered 1,800 sales, but that was just a ripple of what was to come. The following year … [Read more...]
Repairers are poorly prepared for rising EV sales
The steep rise in electric vehicle sales is a pivotal moment for all EV stakeholders, writes Adrian Watson, Head of Engineering Research at Thatcham Research. September 2021 was the UK’s best month ever for new battery electric vehicle (BEV) registrations, according to the Society of Motor Manufacturers and Traders. Not only did the 32,721 new BEV … [Read more...]
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