Maximum number of cars added to compare list.

What's your postcode?

We need your postcode in order to provide accurate search results.

Enquire

Enter your full name
Enter a valid phone number

Tick this box to receive the Trusted Dealers newsletter.

Enter your first name
Enter your last name
Enter your phone number

Got a part exchange?

Tell us your reg plate and receive a part exchange valuation on your car?

Tick this box to receive the Trusted Dealers newsletter.

What's this?

Compare cars side by side to save time clicking backwards and forwards between them.

AUCTION ACTIVITY STRENGTHENS FURTHER IN SEPTEMBERBack

The National Association of Motor Auctions (NAMA) has published its monthly car auction data report today for September 2017.

The report shows that overall in September:

  • First time conversion rates increased by 3.1% to 85.4% from August – the rate was also up 3.1% on September 2016
  • Average selling value increased 13.6% from £5,188 to £5,893 from the previous month
  • Average mileage went down by -3.6% to 63,289 – falling by over 4,500 miles compared to the same period last year
  • The first time premium was £189 – up by £80 (73.4%) on last month, but still in line with 12 months ago when it was £180

Positively, auction activity strengthened further in September.

First time conversion rates remained strong, and the volume of cars only increased slightly during this month. Anticipated increase in stock from the plate change did not materialise or arrived late in the month which kept conversion rates and prices high.

Auction activity is expected to remain stable going into the final quarter.

Posted by Sue Robinson on 20/10/2017