More than half of dealers (55%) expect 2024’s used car market to be better than this year’s, suggests new research. September’s Startline Used Car Tracker shows that 45% also believe there will be better stock supply and 43% that demand for electric vehicles (EVs) will increase. However, just 25% expect there to be an improvement in consumer confidence. Paul Burgess, CEO at Startline Motor … [Read more...]
Used dealers struggle with booming evs
The rise in used electric cars threatens to leave some dealerships flat, say analysts. A potential “charging crisis” could soon emerge among vehicle remarketing companies as electric vehicles start to make their way onto the used market in larger numbers, says the Vehicle Remarketing Association. The industry body, which represents businesses that handle, sell, inspect, transport or manage more … [Read more...]
CarWizz is a word to the webwise
A new platform called CarWizz enables automotive retailers to take back control of online vehicle sales and significantly reduce ageing new car stock. By only advertising list price figures for stock vehicles, CarWizz returns full control of negotiations and deal quality to retailers while also facilitating lower operating costs and informing future stock purchases. Online buying trends … [Read more...]