Tag: nama

car mechanics

Businesses encouraged to run Brexit stress tests

Remarketing firms and the wider business community have been urged to run stress tests on their operations in case Britain votes to leave the European Union. Headlining the Vehicle Remarketing

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car mechanics

NAMA Grading ‘enhances’ digital trade buying experience

NAMA Grading is helping digital trade buyers in terms of speed, accuracy and confidence and vendors in terms of conversions and values. The online buyer is a key player in

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car mechanics

Used car values come under pressure in December

Values of used cars are under pressure in December as carmakers continue to push for market share in the new car market in Q4. The National Association of Motor Auctions

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car mechanics

Average used car prices up 0.9% in October

The average sale price of a used car increased slightly by 0.9% to £5,441 from £5,263 in October, according to the National Association of Motor Auctions (NAMA). NAMA’s monthly report

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car mechanics

Pre-registrations volumes yet to impact remarketing sector, says NAMA

The growing use of pre-registrations has yet to feed any significant impact into auction values or volumes, according to the National Association of Motor Auctions (NAMA). NAMA said dealers have

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car mechanics

Used van values fall as older stock hits market

Vans values are falling as higher numbers of older vehicles go to auction. That’s the view of the National Association of Motor Auctions (NAMA) which said that since January values

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car mechanics

Average used prices drop by 3.5% in September

Average sale prices decreased by 3.5% from £5,588 to £5,391 month-on-month, according to the latest report from the National Association of Motor Auctions (NAMA). Sales volumes for September were up

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car mechanics

Used car values to tail-off in final quarter – NAMA

Auction houses are expecting to see a tail-off in used car values in the final quarter of 2015 as greater volumes of cars enter the market. Increased volumes of part-exchange

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car mechanics

July used car trade sales up 12.2%, says NAMA

Sales of used cars at auction in July increased by 12.2% year on year and conversion levels rose to 80% from 73% in the preceding month. The figures from the

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car mechanics

More than one million vehicles sold through NAMA grading scheme

Around 1.5 million vehicles have been sold through the National Association of Motor Auctions (NAMA) grading scheme since its launch two years ago. The scheme, which consists of five grades,

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car mechanics

Used car converstion rates warning

A number of leading used value experts have warned about dropping auction conversion rates as values begin to soften and reserve prices fail to reflect the latest trends. The National

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