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2020 Used Car Demand ‘Unprecedented’ Say Auction Houses
- January 23, 2020
- Posted by: John Swift
- Category: Automotive Industry
No CommentsThree weeks into the new year and already trade insiders say that demand for used stock is running at ‘unprecedented’ levels with all the metrics in auction halls pointing to a healthy market. Manheim says that it has seen conversion rates running at better than 90% with many vehicles beating their CAP Clean value and
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Racy Advertising Could Land Dealers In Trouble Warns Watchdog
- December 3, 2019
- Posted by: John Swift
- Category: Automotive Industry
Dealers advertising used cars and especially higher powered ones should steer clear of pushing its performance in a way which could encourage reckless driving by the next owner. Words or images which promote what the Committee of Advertising Practice (CAP) describes as `unsafe or irresponsible driving’ will fall foul of Section 19 of its Code
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Slow September Hits Supply
- November 1, 2019
- Posted by: John Swift
- Category: Automotive Industry
Prices have stabilised as the knock-on effect of a slow September for 69-plate cars and vans in the new sector ripples through into the used market restricting the supply of stock. Cap HPI says values in Black Book Live dropped 0.6% at the three year/60,000 mile point last month, the same as a year ago
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Cost Benefits Drive Used Diesel Sales – For Now
- July 23, 2019
- Posted by: John Swift
- Category: Automotive Industry
Used car buyers are still opting for the better fuel economy delivered by a modern diesel than a petrol model and the oil-burners are moving faster off dealers’ forecourts – but hybrids are catching up. New data from cap hpi adds to the mountain of evidence pointing towards diesel still being the fuel of choice
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