Fleet remarketing

RAA extends its remarketing deal with Manheim

The Retail Automotive Alliance Ltd (RAA) has confirmed a new deal with Manheim for the remarketing of more than 25,000 vehicles annually.

16 Dec

Remarketing: Are you a priority for your auction house?

Roger Woodward, managing director, CD Auction Group, says the big boys in the remarketing industry are using their commercial muscle to lock-in vehicle supply.

12 Dec

Insight: Speeding up the sales process

Getting vehicles on sale sooner can mean they achieve higher resale values.

Fleet remarketing 11 Dec

Average selling price of de-fleeted cars softens, reports Manheim

Manheim’s latest Market Analysis highlights that the average selling price of ex-fleet vehicles adjusted slightly from the record high achieved in October, with values falling by £131 during November.

10 Dec

Used car values reach record levels in November

Average values continued to surge to record levels in the used car market according to BCA’s latest Pulse report.

9 Dec

CAP changes the way it forecasts residual values

CAP is introducing a significant change to its residual values forecasting model, with a year-over-year deflation percentage prediction replacing the traditional depreciation curve.

6 Dec

Manheim reports virtual record

Manheim has continued to see online records tumble ever since its first digital vehicle auction platform was launched nine years ago.

6 Dec

SMA extends stock funding service

SMA Vehicle Remarketing is extending its partnership with Vehicle Trading Group to offer dealers an even wider stock funding service, backed tup with on-site stock funding offices and support across the SMA network.

25 Nov

Manheim data disproves popular December dealer 'myth'

Manheim is warning that dealers collecting stock in December and waiting for the January 'bounce' could be taking a risk.

25 Nov

Average value of used cars increases

The average value of ex-fleet cars sold at auction during October increased 5% from £8,250 to £8,625, according to The National Association of Motor Auctions (NAMA).

19 Nov

Seven-day defleet to sale time for Zenith

A defleet to sale time of seven days is being consistently achieved by Zenith through 1link Disposal Network.

15 Nov

Van residual values set to ‘plateau’ in 2014

The New Year could be the best that anyone can remember in terms of light commercial vehicle residual values, according to George Alexander, chief editor, Glass’s Commercial Vehicle Guide.

Fleet remarketing 14 Nov

Leasing companies urged to take ‘cautious’ view on residual forecasts

Contract hire and leasing companies are potentially risking residual value suicide by, in some cases, writing new business based on current used prices even though cars will not be defleeted until at least 2016, it is claimed.

Fleet remarketing 14 Nov

Paragon wins two contracts with Renault UK and RCI Financial Services

Paragon has won two major contracts; the renewal of its contract to defleet and refurbish all of Renault UK’s company, demonstrator and rental vehicles and a new reconditioning contract with Renault Credit International Financial Services (RCIFS).

14 Nov

1 in 3 motorists believe their car is worth more than it really is

Many motorists are still in the dark about the true value of their car - until they check the facts, according to independent car information experts CAP Automotive.

13 Nov

Ex-fleet LCV values at record high

Values in the fleet and lease LCV sector improved by £110 (1.7%) in October to £6,518 – the third consecutive month a record value has been achieved and the seventh record value seen in 2013, according to BCA.

12 Nov

Ex-fleet vehicle values drop in October

Fleet and lease vehicles values dropped in the second half of October due to an increase in volume and reduction in appetite, according to G3 Remarketing.

11 Nov

Average selling price of de-fleet vehicles reaches record high

The average selling price of ex-fleet vehicles reached a record high of £7,724, according to Manheim’s latest market report for October 2013.

8 Nov

4x4 values increasing says BCA

4x4 values are moving up with October showing a 7.3% increase over September, according to BCA, as demand is expected to rise into winter.

7 Nov

Calls for national training standard for vehicle inspections

Vmoves is calling for a national training standard for vehicle inspections having identified £19million of damage charges over the past five years.

6 Nov