An increasing shortage of good quality stock in the used car sector means that there is a growing emphasis being placed on vehicle preparation for sale, says the Vehicle Remarketing Association. The organisation, which represents businesses that between them handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, … [Read more...]
PCP users paying for poor repairs
PCP users are facing unexpected bills for sub-standard repair work to contracted cars, says the Vehicle Remarketing Association. The organisation, which represents companies that between them handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that more and more cars are being presented for sale online and at … [Read more...]
Technology’s ticking time-bomb in trade
A new technology time-bomb is ticking in the used car trade. Rapidly changing vehicle technology means that the remarketing sector is going to have to undergo an unprecedented period of upskilling over the next decade, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage … [Read more...]
Industry criticises Government for ’emissions tax’ rises
The Vehicle Remarketing Association has added its support to the British Vehicle Rental and Leasing Association’s response to the current Government’s WLTP consultation. Sam Watkins, chair at the VRA, said that her organisation shared the BVRLA’s concern about how the potential, negative impact on the company car sector could have widespread … [Read more...]
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
EVs & hybrids used propositions explained
The increasing numbers of electric and hybrid vehicles making their way onto the used market will be the focus of the first Vehicle Remarketing Association meeting of 2019, taking place on 23 January at Fleet Auction Group, Coalville. Key presentations will include Ian Featherstone of the Energy Saving Trust on background drivers for EV and hybrid … [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 12 September
Ford will show a new 2-tonne Transit with 48V mild hybrid powertrain at next week’s Hannover CV show. It will also reveal a PHEV Transit Custom due to launch in 2019 and the latest telematics and data services to be fitted in next year's models. Lex Autolease, the UK’s leading vehicle leasing provider, is launching a new fund to offer contributions of … [Read more...]
Confusion over emissions tests will hit values
Uncertainty surrounding the new emissions-test system could help to create a degree of unpredictability in the used car market towards the end of this year and into 2019, warns the Vehicle Remarketing Association. The organisation, which represents businesses that together process more than 1.5 million used vehicles every year, says that there are two … [Read more...]
Older diesels enjoying demand on forecourts
The used car market should prepare for a potential oversupply of petrol cars in the medium term, says the Vehicle Remarketing Association. The trade body, which represents organisations involved in the sale of 1.5 million used cars every year, says that while there has been a relatively sudden and marked move towards petrol in the new car sector, there … [Read more...]
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