Under normal circumstances, September would be a month of celebration and investigation for the industry as a whole with new car registrations taking priority over the used car business within retailers nationwide. However, 2020 has been a unique year so far and this time September has been a month fighting to sustain the recovery that started in June when … [Read more...]
Newslines 9 October
Hyundai will supply 180 Kona Electric 64kWh vehicles to Police Scotland. The agreement supports Police Scotland’s ambition to establish the first blue light, ultra-low emission vehicle fleet in the UK while making a significant contribution towards the Scottish Government's legally binding target to cut greenhouse gases to net-zero by 2045. Big holding … [Read more...]
Women worry less than men buying a car
Women worry less than men about buying a car, reveals new research. Online-only car supermarket BuyaCar.co.uk say men are three times more likely than women to report feeling 'wary' of buying a car without seeing it first. But as well as being more relaxed about the online car-buying experience than men - with many females particularly valuing not having … [Read more...]
Buyers back in the driving seats
Car buyers are flocking back to showrooms and forecourts, said the National Franchised Dealers Association. Through the findings, NFDA aims to assess the implications of the COVID-19 lockdown on the automotive retail sector and understand how the industry is now recovering. Their survey asked dealers questions about their return to work including the … [Read more...]
Pre-registered cars challenge 1 September newcomers
Huge savings on nearly-new 2020-registered cars are putting pressure on new car sales targets for next week’s registration plate change. Online car supermarket BuyaCar.co.uk is reporting savings of up to 42% compared with list price for 2020 cars, often with as little as 10 miles on the clock. Tough times for dealers, who are facing the biggest decline in … [Read more...]
Tips for buying a used car this September
We’ve seen a lot of changes over the past few months and one that stands out is the increase in motorists opting for a used car rather than fork out on an expensive newer model. With the Government continuing to discourage commuters using public transport as a result of the Coronavirus, car repair and service comparison site www.Autoadvisor.co.uk looked at … [Read more...]
Used prices volatility reflects fuel types and models
Used car prices are becoming more volatile and reflecting changes in fuel types and body styles as well as size, say Cazana director of instights, Rupert Pontin. The first week of August saw a marginal shift in the retail market with footfall at the retailers and online enquiries slightly down on the levels of recent weeks. Firstly, this is hardly … [Read more...]
Classics become contemporary as sales boom
Owning, restoring and driving a classic car is a common dream, but it requires significant investment at every stage – in both time and money. Such desirable, high-value vehicles are inevitably also a common target for professional thieves meeting demand for vintage cars and their parts in the UK and across Europe. Stolen vehicle recovery (SVR) expert, … [Read more...]
Tradelines 5 August
The car market turned upside down in July, said Sean Kemple, MD of Close Brothers Motor Finance. The bounce back from near-zero sales in April to a 11% uplift in July reflects the momentous release in pent-up demand because there is usually a summer slump, but 2020 has been anything but normal. Right now it’s the used car market where the real growth is … [Read more...]
New car sales rise in hoped for lift to market
Pent up demand after lockdown eased is thought to have driven a rise in new car registrations last month. Figures from the Society for Motor Manufacturers and Traders due to be released later this morning are expected to show an 11% rise compared with the same month in 2019. December saw the last increase but it was a blip after a year of decline. The new … [Read more...]
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