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Auction buying frenzy – something’s got to give

June 16, 2009 By 1 Comment

Having published our article on the rise of the private auction buyer, it has been interesting to see some of the very relevant comments made about how the situation may develop. Having seen many cars reach … [Read more...]

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

Used car market still hasn’t peaked

May 20, 2009 By Leave a Comment

Although the auctions have been teeming with people this week - and our insiders have noticed the amount of private buyers increasing almost on a weekly basis - some vendors may not be achieving the reserves … [Read more...]

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

Don’t be undersold on part-exchange value

May 12, 2009 By 1 Comment

With the scrappage scheme having the potential to confuse valuations of certain cars, customers face having their trade-ins undervalued if they’re not on their toes when negotiating a deal in a franchised dealers showroom. … [Read more...]

Filed Under: Blog, Car Dealers, Consumer Tagged With: car auctions, Car Dealers, car part exchange values, customer service, motor trade insider, new car buying, part ex mot failures, part exchange value, part exchange values, part-exchange, part-exchanging a bad car, profit, research used cars, Scrappage, Used car

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

Independent dealers victims of a classic pincer movement

March 23, 2009 By 2 Comments

Sadly we have to report the demise of another business this week and although no-one will read about them or hear about it on the news; they are a business well known to us who have been operatingfor more than 20 years … [Read more...]

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

Auction-mania shows no signs of abating

March 13, 2009 By 1 Comment

I have attended several auction sales in the last week more as an observer than a buyer, just to receive a reality check and see things at first hand. Are used cars increasing in value to the extent that we … [Read more...]

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

It’s never wise to make predictions in a volatile market

February 26, 2009 By 1 Comment

As we safely predicted January has indeed been a record month in the world of both used car sales and auction movements. The main auctions at BCA and Manheim have now confirmed that the month of January … [Read more...]

Filed Under: Blog, Car Dealers Tagged With: car auctions, Car Dealers, car makers, car sales, car values, economy, motor trade recession, profit, Used car, Used car buying

Autotrader V eBay – let battle commence

February 23, 2009 By 2 Comments

For a considerable time now Autotrader.co.uk have had it virtually all their own way with regard to being the top dog for on-line used car advertising in this country. With eBay’s recent acquisition of trade2trade however … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: autotrader, autotrader disabled used, autotrader ebay, autotrader ebay etc, autotrader ebay motors, autotrader or ebay, autotrader vs ebay, car auctions, car sales, do sellers prefer autotrader, ebay, ebay auto trader, ebay autotrader, ebay motors, ebay motors uk mazda used b series, ebay or autotrader, ebay@safe autotrader, internet marketing, profit, Used car, Used car buying

Auction fever – don’t catch a cold

February 18, 2009 By Leave a Comment

Yesterday we spent most of an unfruitful day at the auction, watching even average cars make way above average money! There were probably 30% less cars than usual in the line up and roughly the same amount of extra people there, so at least the canteen trade was brisk. On entering the hall it immediately became obvious that this was not for the … [Read more...]

Filed Under: Auctions, Blog, Consumer Tagged With: car auctions, Used car, 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

Emerging market for dealer trade-ins

February 10, 2009 By Leave a Comment

More and More car dealers, both independents and franchised dealer groups, are expanding the medium of re-marketing cars. Many dealers are turning away from the traditional routes of selling on their trade-ins, such as … [Read more...]

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

Bargain of the Week – Maserati Gran Turismo

January 21, 2009 By Leave a Comment
botw4

Refreshed and ready for 2009, MTI’s Bargain of The Week series kicks off again with gusto. Just before the whistle blows, big news to all those who followed last year’s BOTW. The Alfa 166 has finally found a new home. … [Read more...]

Filed Under: Auctions, Bargain of the Week, Blog, Consumer Tagged With: Bargain of the Week, budget, car auctions, economy, profit, range rover, Used car buying

Rise of the auctions – should dealers be concerned?

January 20, 2009 By Leave a Comment
rise-of-the-auctions

As auctions around the country report a strong start to 2009, we ask the question; are more people now buying from auctions rather than dealers? If so where does this leave the future of many independent and franchised … [Read more...]

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

Inside the car auction – let the bidding commence

January 18, 2009 By Leave a Comment
car-auction

The car auction is one of the few ‘open cry’ markets that are left, gone are the days of the city bear pits where stocks were traded by young men screaming orders across an already noisy and seemingly disordered forum. … [Read more...]

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

More good news – but let’s not get carried away

January 6, 2009 By Leave a Comment
good-news-question-mark

Reports from the front line tell us that retail activity between Christmas and the New Year has been fairly brisk but this has differed by region. Customers have definitely been attracted by the SALE signs which have been much … [Read more...]

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

Car buying – the road ahead, lean, keen, green

January 5, 2009 By Leave a Comment
road-ahead

Most of the brains in suits will tell you that the current economic crisis will carry on through until at least the end of 2009, which is a rather sobering thought. How will this affect business in the motor trade? … [Read more...]

Filed Under: Blog, Car Dealers, Consumer, Manufacturers Tagged With: buyers market, car auctions, car buying, car makers, car sales, economy, motor trade recession, new car buying, profit, Used car, Used car buying

Regional variations in car prices – a traders tale

November 27, 2008 By Leave a Comment
regional-car-prices

Many many years ago when Mrs Thatcher ruled the world and consumers got excited if their new car came with cloth trim, I would regularly get the overnight train (dubbed the "Red eye" because it was almost impossible to sleep … [Read more...]

Filed Under: Auctions, Blog, Car Dealers, Consumer Tagged With: car auctions, Car Dealers, car price regional variation, car sales, new car buying, profit, regional car prices, 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
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