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Read the latest news within the vehicle industry
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Summer 2020
As we now slowly but surely head out of lockdown all auctions have now resumed working, albeit in an online method of sale only. Currently there is no possibility of buyers or vendors attending the auction sites on sale days because most cannot enforce the strict social distancing rules laid out by the Government. Rather interestingly, one auction has managed
Covid Update
Many of the auctions are now operating online only sales for the time being and for the most part they seem to be working well so far. Generally speaking, prices are not too removed from where they were pre-lockdown back in March so no nasty surprises at the moment. We are really waiting for a more normal supply situation, when
Spring 2020 Update
Used Markets Were Stable After a pretty good winter trading period, both the car and commercial vehicle markets remained in good shape as we headed into Spring. However the Coronavirus crisis started to impact trading on dealer forecourts in late February and, by mid-March it had caused retail activity to reduce by as much as 70% in some cases. And
News Digest – Winter 19/20 Update
Used Markets Remain Very Strong The theme of stock shortages continues this month, with just about every auction site reporting lacking any decent levels of stock direct from fleets. This does translate into strong prices being paid for some stock, with CAP values increasing on most vehicles this month over October. Car Markets Whilst we are seeing demand for many
