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Monthly News Digest – January/February 2016

Used Market Place Trade Talk Christmas Market Closure As is usual, all auction sites closed their doors a few days before Christmas and did not re-open until January 4th. This of course creates demand for the first sales of the New Year but, this year the markets took off almost instantly in the first week. Usually, it is the 2nd

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Monthly News Digest – December 2015

Christmas Markets Very Buoyant The markets in the lead up to Christmas have been surprisingly buoyant, for both cars and LCV product. This is largely due to the canny traders stocking up for a busy Christmas on their forecourts; they also know that they can often get some cheap stock, with many vendors anxious to get money in the bank

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Used Marketplace Trade Talk – Autumn 2015

Markets remain Stable The markets for both cars and commercials have remained remarkably stable this month, with a fairly even supply of stock to the market. Retailers are reporting good demand too, helped by the latest offerings in finance packages, so stock is generally all moving well. 4×4 Sales Increase As usual at this time of year, 4×4 sales are

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Monthly News Digest, August

Used Market Place Trade Talk The August markets were extremely quiet, as predicted. As is usual at this time of year, the auction markets are very quiet, with most traders and dealers on holiday. Thus any sales at market tend to be less expensive than they would be in September; this makes our rostrum attendance even more important to ensure

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Monthly News, June

Used Market Place Trade Talk The markets this month have seen further downward pressure on pricing. Part of the problem is the Guides, CAP and Glass. Both have (correctly) been reflecting price increases through the post-recession last 3 years, driven largely by a lack of stock in the marketplace. And so we reached the peak of the pricing increases earlier

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Monthly News, May

Used Market Place Trade Talk The market slowdown that was detected last month continues. With the election now largely over, traders are breathing a collective sigh of relief at the ‘no change’ vote. Whilst the results may have provided some surprises, the reaction of the used markets did not; it was very much business as usual after the election, with

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Monthly News, April

Used Market Place Trade Talk This turned out to be the month that the market changed. After several years of strong growth in both the LCV and Car used markets, driven mainly by a lack of stock, the tables well and truly turned this month at auction. There is now plenty of LCV and Car stock to choose from. This

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Monthly News, March

Used Market Place Trade Talk The month of February provided yet more excellent trading conditions at the used markets. A continued lack of direct-from-fleet stock continues, certainly in the LCV markets, although there is intelligence that suggests the car market will start to fill up with stock now. As reported in previous months, much of the flow of used car

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Monthly News, January

Used Market Place Trade Talk January started out very well indeed this year, with trading right from the word go. This is unusual as the trade normally take about 3 weeks to normalise their buying patterns and get back to market. But talking to some traders it appears that the retail forecourts have been very busy over the Christmas break

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Monthly News, December

Used Market Place Trade Talk The markets remained much the same as last month, with commercial vehicles selling really well, but the car market remains a struggle. The retail demand has not returned this month to the forecourts, with half term being an extremely quiet trading period. Therefore trade at auctions has been, consequentially very quiet too. And there is

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