BCA Group has announced that it will shortly be launching a buyer stock funding product. Andrew Shaw has been appointed to head this new finance business which is launching in July. Shaw joins from autoXP, the specialist automotive service provider to manufacturers’ Corporate Demonstration and Press Fleets where he … Continue reading
BCA has announced an exclusive remarketing agreement with prestige dealer group, Drayton. The deal will see BCA remarket approximately 2,000 vehicles annually for Drayton Group which holds franchises for Mercedes-Benz and Smart at 8 retail outlets across the Midlands. The deal was announced following a competitive tender process. Part-exchange … Continue reading
BCA Nottingham has won an unprecedented fourth consecutive quarterly Car Value Award from LeasePlan, the world’s largest leasing company. The Nottingham auction centre generated the best returns from a car auction site for LeasePlan in Quarter 1 2013, and notably of the LeasePlan cars they sold, over 35% were … Continue reading
Leading vehicle remarketing specialist, British Car Auctions (BCA) has released its latest Pulse report on trends in the used vehicle sector. In April in the used car market, year-on-year values were up by over 16%. In the commercial sector, where there is strong demand for good quality vehicles, values rose … Continue reading
Usually, phantom bids are just what an auction does not need. However, a ‘Phantom bid’ (indeed bids) is exactly what the auctioneers at SMA Leeds will be seeking in a forthcoming auction. The subject of those bids will be a Rolls Royce Phantom with a guide price of £128,200.The car … Continue reading
A LONG PERIOD OF STABILITY in used car values has given way to falling prices in the trade, according to Black Book Live – the real-time valuation trending tool, published by CAP Automotive. An increase in vehicle volumes lies behind the market change, leading to ‘cherry-picking’ of the best stock … Continue reading
BCA’s latest Pulse report shows that the headline average monthly used car value declined by 7% in April compared to March, although year-on-year values were up by over 16%. Changing model mix combined with increasing volumes was largely responsible for the month-on-month decline. Across the board used cars averaged … Continue reading
BCA has announced the acquisition of nkl automotive ltd, the vehicle logistics and storage specialists based in Goole, Yorkshire for an undisclosed sum. nkl will become part of BCA Logistics. nkl was established in 2002 by Nick and Joy Laister, who are both joining BCA Logistics, along with the … Continue reading