Dealer Auction - the digital wholesale marketplace - has launched a promotion aimed at encouraging independent dealers to sell stock through the platform.
Strong demand for Volvo’s XC90 and the Renault Kadjar in January singled the two SUVs out for praise in Dealer Auction’s Retail Margin Monitor analysis as Jaguar Land Rover (JLR) products continued to reign supreme.
Land Rover has dominated Dealer Auction’s 2023 used car margin rankings, accounting for 40% of the top 10 models offering the strong profit opportunities to retailers.
Dealer Auction chief executive Le Etta Pearce was interviewed by AM as 2022 drew to a close and revealed consumer-sourced stock is supplementing the trade-to-trade stock as dealers clamour for the right used cars for their forecourts.