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April 2025
Used Marketplace Review While April is punctuated with the first of the year’s holiday seasons, it has still been a great selling month for XBG and our clients. Usually school and public holidays herald a flurry of sun seeking getaways and most often a dip in Trade buying. This year the general shortage in stock from some many auction vendors

Summer 2024
Given the current political and economic climate in the UK, there was little change in the used vehicle and plant markets during the summer. The clearly deliberate hesitation by the Bank of England to reduce interest rates during the months leading up to the General Election created another stagnant market place for used vehicle sales, with forecourt transactions dropping way

Winter/Spring 2024
HEADLINE NEWS As is normal for the first quarter of the year, following a quiet December and Christmas period January saw a fairly prominent upsurge in retail demand at the forecourts, with some traders reporting they were “very busy”. This created some very good selling conditions at auction in most sectors, with some very good conversion rates of sold stock.

Autumn 2023
HEADLINE NEWS The used markets remained very buoyant for much of the Spring in most sectors, despite the ongoing world issues with energy prices and the Ukraine war. It would appear that the average used buyer is putting these issues to their back burners and getting on with life, making the purchase of the used vehicle. Of course, the continuing

Winter 2022/2023
HEADLINE NEWS The early part of this year generally provided a very good month for used vehicle sales, helped by a continued lack of any real volume at auction centres around the country. This was the scene at Aston Barclay Westbury Auctions in the middle of the month where a reasonable size selection of LCV’s sold extremely well. However, like

Autumn 2022
Now the dust has settled following the late Monarch’s funeral in September, there were signs that the public were returning to the forecourts and in reasonable numbers. That was until the full implications of the Chancellors ‘Mini Budget’ later in October dawned on people, with much media hype surrounding mortgage repayments doubling by this time next year, energy bills rising