It went out of production two years ago, but automotive data experts hpi say the Land Rover Defender is the best possible 4x4xWinter. With prices soaring as they become rarer, you may have to look at something else so they have identified a selection of great performing SUV’s perfect for wintry road conditions. Hpi analyst Mark Bulmer looked at a wide … [Read more...]
Used prices rising as new cars stall
Nearly new car prices are escalating in the wake of a shortage of new cars due to tougher emissions tests in factories. Prices in the used vehicle sector are being artificially inflated post-WLTP as competition hots up amongst buyers for nearly new and ex-fleet stock according to Shoreham Vehicle Auctions. And they are likely to stay this way until … [Read more...]
VW camper holds strong residuals for “staycations”
Owners of Volkswagen California camper vans are sitting pretty after data from automotive experts reveals that the vehicles are experiencing very little depreciation, making them a much sought after investment for motorists who love life on the road. Based on the 2.0 California TDI BlueMotion Tech Beach 150 5dr DSG model (1767 plat), the depreciation is … [Read more...]
Releasing cuts costs not corners
A used car leasing product aimed at businesses and consumers has been launched by Arval in the UK. Called Arval Re-Lease, it is up to 20% cheaper than a new, equivalent model. The vehicles on offer are taken from Arval’s own fleet, have fewer than 30,000 miles on the clock and are less than 30 months old. They are also hand-picked to make sure they … [Read more...]
Trade prices rising on shortages
Trade prices for good quality used cars have reached a level where it is almost impossible for many dealers to make a profit on the windscreen price and they are instead relying on returns from their F&I department, says the Vehicle Remarketing Association. The organisation says that demand in the used sector for almost all kinds of stock is at levels … [Read more...]
Tradelines 10 October
Fleets and dealers are starting to develop a modern, online version of the traditional “motor trade knowledge” to buy and sell vehicles, reports epyx. The development is the result of increasing use of more than one online channel over the last 2-3 years, meaning that there is greater awareness of the strengths of each platform for different types and … [Read more...]
Welsh motorists tailing UK buying average
Just over a third of Welsh drivers would consider buying a new car, some way behind the national average. They are also less likely to look at a second hand car than the average and more likely to put up with their present model. But the gap is narrowing and with sales incentives in showrooms the car sales market is hotting up between new and … [Read more...]
Year of the van predicted as sales evolve
“Will 2019 be the year of the used van?” is one of the key questions being posed at the next meeting of the Vehicle Remarketing Association, taking place on 21 September at Manheim auctions in Bruntingthorpe. Key presentations will be made by James Davis of Manheim, looking at the prospects of used light commercial vehicles in the year ahead; by Karl … [Read more...]
VW opens books for traders buying online
A new series of online car and van auctions for dealers is being launched by Volkswagen Financial Services UK. Taking place 9am-3pm every other Thursday through epyx’s 1link Disposal Network platform - Sales will be made up of stock unsold through previous online channels and are offered with a competitive start price. Called “Last Chance to Buy” … [Read more...]
Newslines 9 July
A high number of ex-pcp sourced cars entering the used market has led to a fall in used prices. It’s not just the volume going on sale but the fact many are diesel and hatchbacks or saloons and not the more desirable petrol powered SUV models say analysts at Cazana. Falling prices, steady low interest rates and slowly improving pay are boosting car … [Read more...]
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