Pre-registrations are returning to the new car market in a noticeable manner, members of the Vehicle Remarketing Association were told at the organisation’s latest meeting. Speakers Mike Jones, chair of ASE Global and Rupert Pontin, insight director at Cazana, both indicated in their presentations that late-month registration activity was increasing. Mike … [Read more...]
Recalls about to haunt traders
Outstanding manufacturer recalls could be the next issue of interest for Trading Standards in the used car sector, says the Vehicle Remarketing Association. The organisation, which represents businesses that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that it has received reports of dealers being asked … [Read more...]
Sellers & buyers would benefit from central service bank
A central resource that provides access to the service histories of all the cars and vans that form the UK car parc is urgently needed by the remarketing sector, says the Vehicle Remarketing Association. The organisation, which represents businesses that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that … [Read more...]
Shortage of good stock emphasises preparation
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...]
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