Saturday 27 December 2014

Transport of Delight


Rare VW Transporter Combi Splitscreen on offer at BCA
A stunning LHD 1966 VW Transporter T1 - 21 window Combi Splitscreen will be sold at BCA Blackbushe next Thursday 4th December.
The Combi has been fully restored and is in immaculate condition.  Finished in cream over green and sitting on whitewall tyres, it features a beautiful cream leather interior and chess board floor.  The vehicle retains many original features including the radio, extensive chrome trim and double barn doors into the passenger area.
Imported into the UK in 2013 and with one registered UK owner, this vehicle comes complete with a documentation folder containing past servicing invoices and a current MOT.
A full catalogue description and pictures can be found on the BCA website (bca.co.uk).


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Tradeouts 2014 Awards – vote now at Tradeouts.com/awards

Tradeouts, the trade-only car dealer network, is staging its second annual awards for the motor trade, supported by CAP.  The awards, voted for by the motor trade, celebrate the very best in the automotive industry, honouring those companies that help the motor industry conduct business more efficiently and profitably.
Nominations are now in for all categories (see below) and voting has commenced.  To participate in the voting, simply go to tradeouts.com/awards, click on a category and vote for the company of your choice.  The results will be announced on December 12th. 
David Brown, founder of Tradeouts.com commented “In such a highly competitive business as the motor industry, it's only right that we recognise those companies that are making business easier and more profitable for car dealers.  We are delighted to stage these awards, supported by CAP, for the second year running and look forward to announcing the winners in December."
Best Dealer Website
CarShop
Arnold Clark
CarGiant
Best Classified Website
Ebay Motors
AutoTrader
PistonHeads
Best Social Media Campaign
Honda Type R
Land Rover Discovery
Sytners Facebook
Trade Publication
Car Dealer Magazine
Motor Trader Magazine
AM Online
Used Car of the Year
BMW 3 Series
Vauxhall Corsa
Ford Fiesta
Best Used Car Retailer - Franchised
Lookers 
Inchcape
Evans Halshaw
Best Used Car Retailer - Independent
CarGiant
Motorpoint
CarPeople
Best Automotive Logistics Company
Movex
BCA Logistics
Paragon Logistics
Innovation of the year
HPI - REACT
GForces - Sky AdSmart
Razoom - CarVue

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8 December 2014 - BCA Pulse Cars: Record values in November at BCA


Fleet & Lease and Dealer Part-Ex average values at all-time high
Average used car values reached record levels in November as buyers competed strongly for the stock on offer.  The headline average value of a used car increased for the second month running, rising by £327 (4.2%) to £8,075, with performance against CAP Clean averaging 95.2%.  November’s average value beat the previous highest, recorded in August of this year.
Year-on-year values remained ahead by £586, equivalent to a 7.8% uplift, with both average age and mileage continuing to decline.  CAP Clean performance was down by more than a point, year-on-year.  Every month in 2014 has recorded a significantly higher average value compared to the same month in 2013.
Fleet & lease cars averaged £9,633 in November, a rise of £100 (1.04%) compared to October, while average dealer part-exchange values improved for the third month running to reach £4,188.  Both sectors recorded the highest monthly average values since Pulse began reporting in 2005.   Nearly-new values improved by 2.4% to £21,677, although model mix has a significant effect in this low volume sector.
Simon Henstock, BCA’s UK Operations Director commented “With many retailers anecdotally reporting reduced footfall in November, demand has softened somewhat as the year end approaches, which is very typical of the season.  Balancing this, there remains a shortage of good quality, retail-ready stock and this is keeping the values of these premium vehicles on a high.”
“What we are seeing is the development of a two-tier market, where the best vehicles sell quickly for often exceptional values, while the less attractive or over-valued cars struggle to attract bids.  If less desirable cars in unattractive colours, with a poor specification and needing paint and refurbishment are overvalued, there is every chance they will remain unsold, putting pressure on conversion rates.  Volume sellers particularly need to pay attention to this and reappraise and revalue any vehicles that are proving difficult to remarket.”
Year-on-year table: All cars

Henstock added “Professional buyers will no doubt remember that average values rose very sharply last December due to the shorter trading month and the ongoing dearth of retail-quality stock, so there will be some interesting dynamics at play between now and the end of the year.  In particular, independent non-franchised dealers and traders are often active during December to ensure they have attractive stock to tempt customers in the New Year.”

Fleet & lease cars averaged £9,633 in November, a rise of £100 (1.04%) compared to October – a record value that was just ahead of the previous highpoint recorded in April of this year.  Despite this, CAP Clean performance fell slightly to 94.66% on average over the month.  Year-on-year values were ahead by £332, equivalent to a 3.5% uplift. The retained value against original MRP (Manufacturers Retail Price) fell slightly at 41.70% when compared to October and was down year-on-year. 
Year-on-year table: Fleet & lease


Average dealer part-exchange values improved to £4,188, reaching a new record value for the second month in a row.  Year-on-year values were ahead by £331 (8.5%) with average age continuing to rise and mileage falling over the year.  CAP Clean performance was down around a point compared to a year ago. 
Year-on-year table: Part-Exchange


After two consecutive monthly falls, nearly-new values improved by £509 (2.4%) to £21,677 in November, although model mix has a significant effect in this low volume sector.  CAP Clean performance fell slightly to 99.3%.

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Friday 26 December 2014

Tradeouts 2014 Awards launched

Tradeouts.com/awards
Tradeouts, the trade-only car dealer network, is staging its second annual awards for the motor trade, supported by CAP.
The awards, voted for by the motor trade, celebrate the very best in the automotive industry, honouring those companies that help the motor industry conduct business more efficiently and profitably.  Categories include best website, best social media campaign, best CRM system, used car of the year, best retailer, best logistics company, motor trade publication of the year and best innovation.
David Brown, founder of Tradeouts.com commented “In such a highly competitive business as the motor industry, it's only right that we recognise those companies that are making business easier and more profitable for car dealers.  We are delighted to stage these awards, supported by CAP, for the second year running and look forward to announcing the winners in December.
To participate in the voting, simply go to tradeouts.com/awards, click on a category and nominate. Nominations will close on December 5th and voting for winners will begin on December 6th, with results announced on December 12th.

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http://bit.ly/1znLOCY

BCA gets approval for 20 acre West Midlands site


BCA has announced that it has gained planning approval for the Perry Barr site which will operate as a complementary multi-channel remarketing and logistics facility to its existing businesses at Castle Bromwich and Walsall and its wider UK network.  Around 200 new job opportunities will be created in the region.
The 20-acre Perry Barr, Birmingham site is located between Junctions 6 and 7 of the M6.  The new site will enable BCA to extend its physical and digital remarketing offering and will deliver a range of de-fleet, inspection, appraisal, preparation, refurbishment and logistic services.
BCA’s UK Operations Director Simon Henstock commented “We are delighted that planning approval has been granted for the brownfield Perry Barr site, which will operate as a full service remarketing hub alongside our existing businesses at Castle Bromwich and Walsall.  As the new and used vehicle market expands, we are committed to investing for growth meeting our customers’ needs through continuous development of our remarketing services.”

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Mitsubishi Outlander PHEV makes strong debut at BCA


Mitsubishi and BCA combined to launch the Outlander PHEV - the world's first 4WD plug in hybrid SUV - onto the used car market at BCA Nottingham on Tuesday 25 November.
The special closed sale event attracted nearly 70 buyers in the hall and logging on via BCA Live Online, with nearly 60% of the Mitsubishi dealer network participating in the sale.
The sale featured an entry of 100 vehicles representing the Mitsubishi range, and all 100 were sold, 35% of the entry selling to Live Online buyers.  Strong bidding on the day saw all 17 examples of the Mitsubishi PHEV selling under the hammer. The sale generated a turnover of £2.3 million.
Mitsubishi’s Used Car Manager Paul Flint commented “We worked very closely with BCA to stage this very special debut event for the Outlander PHEV, the most important vehicle Mitsubishi have launched for many years. The response from our dealers was very enthusiastic and the bidding was confident throughout the sale, with the star of the show the Outlander PHEV achieving an exceptional benchmark price.”
Paul Dunn, BCA National Corporate Account Manager added “This high profile event underlines that the demand from new car buyers for the Outlander PHEV is being repeated in the used car market.  By combining the convenience and power of a 4WD SUV with the economy of plug-in EV technology, Mitsubishi have broken the mould within the specialist SUV sector.”

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