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This week the NAMA car data and lcv reports have been published. The car report shows that during January, the average value of used cars sold at auction across the board increased 2% from £5,534 to £5,426, whilst the lcv report shows that during January the average values of used LCV’s at auction across the board increased by 1.1% from £4.757 to £4,807 between December and January. Copies of both reports are available from firstname.lastname@example.org
As 1 April is fast approaching when we see consumer credit regulations move to the Financial Conduct Authority (FCA), it is a timely reminder to members that we have launched ‘NFDA Compliance’ which offers advice and assistance to ensure that you are compliant with the new regime. Full details feature in this week’s NFDA news.
Finally, do please take the time to look at the NFDA Trusted Dealers website for more information and the benefits to your NFDA membership https://www.trusteddealers.co.uk/
Sue Robinson, Director