Page 10 - Stuart Pearson News Today

Date: 26 April 2021   |   Author: Sean Keywood Average used car prices rose by 15.8% in the week after restrictions on non-essential retail in England were lifted, according to BCA. The auction firm said there was a £1,223 average sale price jump, to £8,946, in the week after 12 April, the date on which car showrooms were allowed to reopen. Sold volumes were also up, by 17%, and BCA said conversion rates had also improved. The bumper market for seller...

Auction companies are predicting that values for used petrol and diesel cars will remain strong as the country emerges from lockdown and consumer confidence improves.

Carriage driving is a perilous pursuit but, at 83, Prince Philip is still competing at the highest level. Here, the Duke gives ROBERT HARDMAN his views on dicing with danger, hunting — and when he expects the Queens command to rein himself in... Aside from the invention of the disc brake, this sport has not changed much since the days of Ben-Hur. They dont try to kill each other these days. In fact, it is all very friendly. But it still requires strong arms and stronger nerves to control four...

Used car auctions across the UK have reported ‘exceptionally competitive’ trading during March as car dealers prepared for a bumper period of sales following this week’s reopening of showrooms.

Light-commercial vehicles (LCVS) have achieved record values for the third consecutive month at BCA sales.

Date: 17 February 2021   |   Author: Jack Carfrae Jack Carfrae asks how the used car market is treating the two major fuel types and how they stack up against hybrid and plug-in cars second-hand. You could be forgiven for thinking that diesel has had its day. It made up 16% of new car sales in 2020 - a far cry from 2015, when it was level pegging with petrol with just under half the market, and the early 2010s, when it had even more than that.   Accordi...

Date: 12 February 2021   |   Author: Sean Keywood Used car values were up in January despite the UK re-imposing Covid-19 lockdown measures, according to auction firm BCA. It says the average sale price during the month, of £8,464, is the third highest seen since the start of the pandemic, and £154 up on December. BCA COO for UK remarketing Stuart Pearson said: "While it hasnt been the January that most in the industry would have hoped for, performance...

The remarketing industry is increasingly refurbishing ex-fleet cars to match quantifiable NAMA-approved levels of condition. There is a spectrum to refurbishing used cars. At one end are those who hand over the keys to something utterly pristine that, as we have often discussed in these pages, will more than likely fly through auction with no shortage of bids.  At the other are owners or lessors who just want shot of the thing - never mind the state of it. That was fine during summer, when ...

Preview    West Ham United continue their quest for a fourth Emirates FA Cup triumph with a fifth-round tie at Manchester United on Tuesday evening. The Hammers travel to Old Trafford seeking a place in the last eight, having won 1-0 at National League Stockport County and 4-0 at home to EFL League One Doncaster Rovers in the previous two rounds. Those two victories have come amid a run of one defeat in the last eleven matches for David Moyes side, who have won seven and drawn three and also ...

Click the thumbs up > Fears of a ‘price correction’ for used electric vehicles (EVs) have been played down by pricing experts. It comes after the boss of the UK’s largest leasing, Lex Autolease, warned that plug-in residual values (RVs) could dip dramatically, due to their high resale value when compared with diesel or petrol alternatives. Richard Jones, managing director of Lex Autolease and Black Horse, said: “The big issue that still faces EVs goes back to the list price.” He expla...