Disposal conversion rates for electric vehicles were very close to their petrol and diesel equivalents over the course of 2023 and beat plug-in hybrids, reports epyx. In total, 91% of EVs found buyers when made available through trade sales to dealers, compared to 94% for petrol and diesel, and 87% for PHEVs. However, EVs did sell more slowly - at an average of 12.5 days compared to around 7-8 … [Read more...]
Future of reselling cars under the microscope
The challenges facing the remarketing sector in 2020 is the subject of a major, free seminar that has been announced by the Vehicle Remarketing Association, which represents businesses who move 1.5 million used vehicles every year. “2020 Vision” will take a wide-ranging look at issues likely to affect the used car and van markets next year, ranging from a possible recession and Brexit through to … [Read more...]
Auction prices encouraging, says trade
More than 50% of auction hall members are expecting conversion rates to increase in August. This has been assisted by the volume of vehicles coming though remarketing centres which has meant buyers have had less vehicles to choose from and has in turn increased conversion rates of those vehicles that are available to buy, said Louise Wallis, Head of the National Association of Motor Auctions, … [Read more...]
Tradelines 27 September
Economy Secretary Ken Skates announced the red route as the preferred option for the £250m Deeside corridor scheme. The scheme, which aims to modernise and relieve pressure on the stretch, will see increased capacity on the existing A548, with a new road linking the A55 and A548 just after the Flintshire Bridge. A 44-year-old female driver from London has issued sex discrimination … [Read more...]