The National Association of Motor Auctions (NAMA) held its annual AGM on the 28 April in Lisbon, Portugal. A charity auction in aid of BEN – the automotive industry charity, took place following the AGM, raising £14,150.
As the government announces plans for increased penalties for those using handheld mobile phones while driving, the UK and Europe’s largest used vehicle marketplace, BCA, reveals the growing frustration of UK motorists towards careless driving habits. Nearly 90 per cent of motorists who responded to a BCA survey of nearly 450 motorists said the use […]
New data from BCA, Europe’s largest used car marketplace, highlights the increasing financial pressure on the youngest motorists on UK roads. Price has always been critical to the youngest used car buyers. But research commissioned for the BCA Used Car Market Report shows that this has increased considerably in the last year. In 2015, 65 per cent of 17-24 year old used car buyers said that price had the strongest influence on their vehicle search – this was the highest percentage in five years and a 14 percentage point rise on the previous year.
There’s a feeling of nostalgia in the air at BCA, as a classic Morris Minor last sold by the company in 1980 has returned to be sold again. The two-door Morris Minor was sold at the former BCA Frimley centre in 1980 by the original owner who had bought it as a new car in 1957.
The Department for Transport recently announced that the number of deaths and serious injuries on Britain’s road rose by 4 per cent to nearly 25,000 in 2014, with some commentators suggesting that in-car technology is distracting drivers behind the wheel. This concern is echoed in consumer research undertaken by BCA, Europe’s leading used vehicle marketplace, which found that 95 per cent of respondents had seen other motorists using a hand-held mobile phone whilst driving.
Average UK used car values fell in September from the record levels achieved over the summer months as volume began to return to the marketplace, according to the British Car Auction’s latest Pulse report. The headline average value of a used car fell by £572 (7.1 per cent) to £7,429, with performance against CAP Clean falling slightly to 97.5 per cent.
Chancellor George Osborne confirmed at the Budget that he would maintain the freeze on fuel duty – yet drivers still see the cost of fuel as their biggest motoring worry according to new data from leading vehicle remarketing company, British Car Auctions (BCA). Research amongst motorists at the start of 2014 revealed that over 70 per cent of motorists worry most about the price of fuel – the same as 2013.