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Five Ways Used Vehicle Dealers Can Make 2019 Fruitful!
- January 2, 2019
- Posted by: Kari Jones
- Category: Tips For Dealers
No CommentsAs we welcome in the new year, now is the time to think about a plan of action to ensure 2019 brings your dealership prosperity! 2018 was a great year for used car sales, with demand for preowned vehicles overtaking demand for new vehicles by miles. Despite modest sales volumes in December, this trend is
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Forecast: Growth for Used Cars in Q1 2019!
- October 25, 2018
- Posted by: Shahinur Miah
- Category: Automotive Industry, News
Good news for used car dealers as an insight report from Cox Automotive and Grant Thornton on the UK market has predicted a 2.5% growth in Britain’s used car sector for Q1 of next year, with around 2.08m vehicles finding buyers. The report also anticipated a slight Q4 fallback of – 0.5% for 2018, which was due to the
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Is Your Car Dealership WLTP Ready?
- August 30, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
On the 1st of September, the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) is due to take effect, and many car dealers are still unaware of exactly what it is or how it is going to impact their vehicle sales. A recent sentiment survey conducted by Manheim revealed that 14% of dealers do not know
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How Car Dealers Can Prepare for Q4
- August 23, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
Q4 is typically the quietest time of year for car dealers so it is important to have a strategy in place based on industry trends and your own business performance patterns. Throughout 2018, the used car market has generally been very healthy, with large auction companies revealing record prices, and we can expect this trend
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Mid-Year Overview of Used Car Market Demand
- June 21, 2018
- Posted by: Kari Jones
- Category: Automotive Industry, Tips For Dealers
With the first half of 2018 nearing its end, it is time to start reviewing your dealership’s performance and looking at improvements to be made in the next half. Generally, it has been a very positive six months for the used car market and auctioneers are seeing high levels of demand, particularly for ready-to-retail stock.
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