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...]
Potential potholes for planning ahead
The impact of the coronavirus crisis and potential effects of Brexit are making planning beyond the short term almost impossible in the remarketing sector. So reports the Vehicle Remarketing Association (VRA), which points out that the currently booming market is arguably obscuring the potential dangers that lie ahead. Chair Sam Watkins said, “As has been … [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...]
Tradelines 14 June
The Hyundai Kona is a new compact SUV coming to Europe this autumn. It is targetted at the Nissan Qashqai and Renault Captur and precedes other models in the new crossover sector that the Korean manufacturer intends to launch over the next few years. The UK is said to be the first area in Europe where Amazon is considering selling cars on-line, … [Read more...]
EV stock is on a charge
The growing popularity of electric vehicles has seen a massive rise in the availability of affordable, second-hand electric vehicles in the UK over the past two years, according to the AA’s used car portal AA Cars. It looked at the numbers of EVs advertised on its portal in Q2 2016 and found that stock levels were a staggering 652% higher than Q2 2014 and … [Read more...]
