Click the thumbs up >Dealer Auction anticipates a ‘used car boom’ this year, following a strong performance in Summer 2020.
The digital wholesale marketplace believes the used market is a “glimmer of hope” for the industry.
“It goes without saying that 2020 was a challenging year for the car industry. But it’s true that out of challenge comes opportunity – and, going into 2021, it’s clear that the used car market is more important than ever,” said Le Etta Pearce (pictured), CEO of Dealer Auction.
Reflecting on parent company Cox Automotive UK’s Q3 Dealer Sentiment Survey, which found that two-thirds (64%) of dealers expected used car transactions to increase in 2021; Dealer Auction believes this outlook is still realistic despite the UK starting the year by entering its third national lockdown.
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The Fiat 500L used in Peter Kayâs hit TV sitcom Car Share will be sold to raise funds for charity after being listed for sale on Dealer Auction by Piccadilly Motors.
The iconic Fiat MPV will be sold on January 27 to raise money for charities Candlelighters and Martin House Hospice, with all of the sale proceeds going directly to the Knaresborough-based car dealer s two chosen charities.
Purchased at a previous auction by Piccadilly Motors, the famous Fiat is currently live on the platform and includes the car door that was knocked off in the final series â signed by the show s stars Peter Kay, Sian Gibson and the crew.
Manheim signs two-year deal with Carzam
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Manheim Auction Services has announced a new two-year contract with online used car retailer, Carzam.
Carzam, which launched in December 2020, will begin a new weekly auction programme at the Cox Automotive-owned physical car auction network’s centres in Colchester and Wimbledon.
It will also be working with Manheim to integrate eVA, its valuations and appraisals tool, on to its website allowing Carzam users to access valuations online.
Manheim will start its new weekly auction programme in partnership with Carzam on January 21, 2021 at the two sites, with the auctions delivered through its virtual auction system Simulcast due to the current COVID-19 restrictions.
Click the thumbs up >Cox Automotive has confirmed that it will continue to operate all its UK businesses during the latest national Coronavirus lockdown.
Manheim Auction sites will be closed to buyers and vendors, but its sales programme will continue online using its Simulcast platform with a ‘click and collect’ style service.
Auctions were part of a lockdown exemption list detailed in Government lockdown legislation posted on the gov.uk website following Boris Johnson’s national address.
All other parts of Cox’s business, including Movex, Nextgear Capital and Dealer Auction, remain unaffected by the restrictions, although the firm stated that it will continue to operate in a Covid-secure manner.