Motorists are three times more likely to be driving a car they bought used rather than new, according to the AA’s used car website. The AA-Populus poll of more than 15,000 drivers found that 29% had bought a ‘nearly new’ car most recently, compared to the 26% who opted for a brand new car, and 25% who bought a used car which was more than five years … [Read more...]
“Serious” state of nearly-new cars reported
New car discounts and big pre-registrations of technically outdated models have distorted the used car market and it has become what analysts are calling “a serious event” in the trade. The UK used car market has seen a significant shift in pricing in the sub 12-month-old sector. Retail pricing has seen a marked decrease with a 7-percentage point downturn … [Read more...]
Black is back as silver loses its shine
Black cars outsell all other colours in the used car market, yet drivers are most likely to search for white models, according to research released today by the AA’s used cars' website. Historically, silver was the best-selling car colour, topping the tables in 2009, 2010 and 2011. But since then black has consistently beaten all other colours, dominating … [Read more...]
Tradelines 18 September
During the typical service lifetime of a car, nearly 60% of owners are never contacted by the sales team of that mainstream servicing dealer. This easily missed opportunity for future sales has been highlighted by Cooper Solutions which urges dealers to bring together their sales and servicing departments to nurture relationships and drive sales with the … [Read more...]
Cut repair costs with minimum effort
Untold damage could be done to your car by habits developed over a long time behind the wheel, says Car Shop. The team at CarShop, has revealed the top 10 driving habits you probably didn’t know were damaging your car - and why you should avoid them. Flooring the accelerator in a high gear Many cars have a gear shift indicator which suggests when … [Read more...]
Newslines 13 September
Volvo is first to offer plug-in hybrid versions of its entire model range with launch of new XC40 T5 Twin Engine. The front-wheel-drive hybrid system uses 180hp three-cylinder 1.5-litre petrol engine with 82hp electric motor to achieve combined output of 262hp – highest figure in the XC40 line-up. With the UK set to bake in an Indian summer heatwave this … [Read more...]
Future of reselling cars under the microscope
The challenges facing the remarketing sector in 2020 is the subject of a major, free seminar that has been announced by the Vehicle Remarketing Association, which represents businesses who move 1.5 million used vehicles every year. “2020 Vision” will take a wide-ranging look at issues likely to affect the used car and van markets next year, ranging from a … [Read more...]
Newslines 6 September
It blazed a trail in design and kicked off a whole new sector, but the latest Nissan Juke made in Sunderland is moving on again when it hits streets in November. A decade from introduction, the second generation Juke is bigger and better equipped while retaining its sporting lines and uses a triple cylinder 117ps 1.0 litre engine with 6sp manual … [Read more...]
Dealers offered one-stop check on vehicles
Thousands of motor traders across the UK will be able to perform a provenance check and value a vehicle using a new one-stop portal from Cazana and Experian. In this fast-changing market dealers need accurate, real-time insight on which cars to buy, their provenance and how to price vehicles appropriately to attract consumer demand. The companies’ new joint … [Read more...]
Massive on-line used cars’ website launches today
A new online marketplace for used cars launches in the UK today. The website heycar.co.uk is on a mission to bring greater trust and transparency to one of the UK economy’s largest retail sectors. The brand will do this by creating a superior user experience for consumers and dealers, launching with an inventory of over 100,000 listed vehicles from nearly … [Read more...]
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