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This week our sister organisation NAMA published its monthly market car data report for November. The report shows the average value of used cars sold at auction increased by 9% from £5,263 to £5,736. The LCV data report for November, also published this week, shows that LCV values at auction decreased by -4.4% from £5,177 to £4,948. These reports cover data analysis of cars and LCVs sold at auction and includes conversion rates, prices achieved at auction, age of vehicles sold and mileages. If you would like to receive a copy of the monthly reports please contact firstname.lastname@example.org
This week’s news also includes a summary of the FCA’s proposed remedies consultation for the sale of GAP. The NFDA will be responding to the consultation and will keep you updated.
Finally, I would like to wish you all a very Happy Christmas and prosperous 2015. Thank you for all your support during 2014.
Sue Robinson, Director