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Used car market settling down but some prices still defy logic

September 23, 2009 By Leave a Comment

I have been doing the rounds this week canvassing opinion on how the market is, where it is going and how it will end up and not surprisingly there have been some varied replies. at the auctions I visited … [Read more...]

Filed Under: Auctions, Blog, Car Dealers, Consumer Tagged With: Auctions, car auctions, Car Dealers, motor trade recession, profit, Scrappage, Used car, Used car buying, used car market 2010, usedcars market

Profits on late plate used cars an endangered species

September 21, 2009 By Leave a Comment

It’s funny how the summer seems to end so abruptly and as September starts the roads are again filling up with cars and we have to endure the inevitable traffic jams that go with them. This year though I have been quite … [Read more...]

Filed Under: Blog, Car Dealers, Consumer Tagged With: Auctions, Car Dealers, economy, motor trade recession, profit, Scrappage, Used car, Used car buying

Used car values, auction fever and the appreciating asset

August 18, 2009 By Leave a Comment

Whilst attending one of the many car auctions I get to attend on a weekly basis it was curious to be with the same faces saying the same things and generally experiencing a kind of Groundhog Day. I won’t bore … [Read more...]

Filed Under: Auctions, Blog, Car Dealers, Consumer Tagged With: auction car values, Auctions, Car Dealers, car values, motor trade recession, profit, Used car, Used car buying

Why are private buyers flocking to the auction?

June 9, 2009 By 6 Comments

After writing several articles about the rise of the private auction buyer and why they are turning up to bid in their droves, curiosity finally got the better of me this week. In the course of my work in the trade … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: Auctions, budget, car auctions, motor trader, profit, Used car buying

Price correction complete as used cars return to normality

April 3, 2009 By Leave a Comment

The major auction groups in the UK, BCA and Manheim, have confirmed what we have been saying for the past few weeks, namely that dealers are now paying at auction similar money to what they were … [Read more...]

Filed Under: Blog, Car Dealers, Consumer Tagged With: Auctions, car auctions, Car Dealers, car makers, motor trade recession, profit, Used car, Used car buying

Smoking can damage retail sales

March 28, 2009 By 1 Comment

An article published on cardealermagazine.co.uk recently reported advice from BCA on the pitfalls of purchasing a car used by a smoker and the problems that can occur when attempting to move the vehicle on. It’s an … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: Auctions, car auctions, Car Dealers, profit, Used car buying

On-line and on time – The rise of the car auctions

February 12, 2009 By 1 Comment

Records were broken for on-line car sales in January and not only that, we also saw the number of people actually using the internet for researching and choosing their car growing rapidly. Although figures of 70% … [Read more...]

Filed Under: Auctions, Blog, Car Dealers, Consumer Tagged With: Auctions, car auctions, car sales, graph, internet marketing, online business, profit, Used car, Used car buying

The future – car buying but not as we know it

February 5, 2009 By Leave a Comment

It has been predicted that within the next five years the face of advertising, marketing and selling new and used cars will have changed so entirely that it will be almost unrecognisable from the way things are done now. … [Read more...]

Filed Under: Blog, Car Dealers, Consumer Tagged With: Auctions, Car Dealers, future of car buying, internet marketing, new car buying, online business, Used car, Used car buying

Auction fever – who can predict the outcome?

February 4, 2009 By Leave a Comment

The auctions have again been awash with buyers this week and prices are showing no sign of abating The annual cry of 'why didn’t we buy more cars in December' has never been more relevant than this year as vendors … [Read more...]

Filed Under: Blog, Car Dealers Tagged With: Auctions, Car Dealers, economy, motor trade recession, Used car, Used car buying

Inside the auction – beware of the dark side

November 5, 2008 By 2 Comments
auction-the-dark-side

It’s getting closer towards what historically has been the best time of year to buy a used car and never more so than this Winter. The spectacularly chaotic mess that our fiscal brethren are dealing with is really having a weird affect on the used car market. … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: auction, Auctions, car auction, car auction etiquette, car values, depreciation, main dealer part exchanges, toyota, Used car, Used car buying

Inside the car auction – dealer part-exchanges

October 19, 2008 By Leave a Comment
inside-the-car-auction

In the last article in this series we talked about the lease/company car section of the auction halls, to continue on our trade tour inside the car auction we’re going to explore what’s going on in other areas. We’ll be leaving the rows of clean and prepared lease cars and heading towards the main dealer part exchanges. … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: auction, Auctions, car auctions, ex-car rental, main dealer part exchanges, mercedes benz, mondeo, motor trade insider, parkers guide vs auction -ebay, part exchanges main dealer, part-exchange, profit, Used car, Used car buying

Ex-company cars can be pre-loved…

September 28, 2008 By Leave a Comment
auctionhouse

We left you last week sampling the delights of the auction cafe. Things are now hotting up, the constant garble of the auctioneer is still blaring and to make things slightly more intimidating there are two halls active both with cars going through at the same time. … [Read more...]

Filed Under: Auctions, Blog, Car Dealers Tagged With: Auctions, automobiles, automotive, car, car auction guide, car auctions, driving, exlease cars, inside information on car auctions, insider guide to car auctions, preloved, preloved cars, preloved van rear axels, Used car, used car auction

Should I buy my next car from a public auction?

September 19, 2008 By Leave a Comment
auction

In the quest to answer the question ‘Should I buy my next car from a public auction?’ The best starting place should be to establish what these mildly mysterious places are all about. Whether it is lack of access, interest or underlying fear, many of us have heard all about them but haven’t actually been to one. … [Read more...]

Filed Under: Auctions, Blog Tagged With: auction, Auctions, car sales, cars, e bay, ebay, inchcape

Inside the car auction

September 12, 2008 By 3 Comments
car-auction

A common question we regularly receive is; “Is it a good idea to buy a car from a public auction and what advice can you give on the best way to go about it?” From a professional motor traders point it’s not an easy one to answer and it’s a question I have, in the past asked myself. … [Read more...]

Filed Under: Auctions, Blog Tagged With: auction, Auctions, automotive, cars, graph, motor trade insider, motor trader, Used car