Although UK consumers have experienced significant financial pressures due to the rising cost of living, it has seemingly not dampened demand for used cars. Retail activity in the first quarter of...
Read moreThe goal for all used car retailers is to increase sales, improve stock turn, reduce cost per lead and reduce cost per sale. Against a background when marketing budgets are, at best, static and, more...
Read moreThis month, we are going to look at a good news story – how many of Britain’s dealer groups are world beaters in terms of maximising their used car business. In 2021, many dealers were pleased to...
Read moreOver the next two years, most commentators are expecting used car prices to revert to more normal levels akin to 2019/2020 prices. Given the cost-of-living squeeze and eventual new car supply...
Read moreThe Covid-19 pandemic will undoubtedly increase the speed of selling vehicles online in the automotive sector, with the full transaction or part transactions being completed online as consumers demand...
Read moreBy Brian Milsted Author Brian Milsted is the managing director of Sales Lynx Most auto retailers measure their used car stock turn by adding up the total days in stock for all their retail used car...
Read moreInterest in used car market data and intelligence has been particularly high lately and over half the unique visitors to our website in the last six months have looked at material about used cars....
Read moreWe face tough challenges in the retail motor industry again this year, and there are a number of disciplines that will be key to success – in the used car area especially. It remains difficult...
Read moreThe more entrepreneurial motor retailer knows that this is the time of year to carry as much used car stock as possible. While certain large dealer groups will be attempting to reduce stock to meet...
Read moreHopefully you are currently enjoying the warm glow that comes from a big September order bank and the expectation of a big bonus cheque from your manufacturer. But cast your mind back a minute to...
Read moreThe main cause of over-age used cars is taking too long to prepare them and get them on display. Often that starts with waiting for a cheque to be signed at head office and then waiting for it to...
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