NAMA auction raises £10,700 for BEN
The National Association of Motor Auctions (NAMA) held its annual AGM on 18 April in Portugal.
The National Association of Motor Auctions (NAMA) held its annual AGM on 18 April in Portugal.
Supply of ex-fleet used vehicles has picked up significantly in the first two months of the year and the strong market looks set to continue through the first half of 2015, according to Andy Brown, managing director of online auction, Cars Direct.
During Brityrex International 2014, the NTDA held a silent auction of a signed Ryan Giggs no.11 Manchester United shirt, which commemorates his 588 appearances, 108 goals and 24 years of service with Manchester United. It also lists all of his accolades as a player during that period including his PFA Player of the Year in 2009.
During Brityrex International 2014, (EventCity Manchester 7 – 9 October), the NTDA will be auctioning a signed Ryan Giggs no.11 Manchester United shirt, which commemorates his 588 appearances, 108 goals and 24 years of service with Manchester United. It also lists all of his accolades as a player during that period including his PFA Player of the Year in 2009. The shirt will be on display on the NTDA stand during Brityrex and delegates will be able to make silent bids for the shirt between 7 – 8 of October.
A 1954 Aston Martin DB 2/4, which is understood to have been the inspiration for James Bond’s Aston Martin, was unveiled by international auctioneers Coys at the Old Admiralty Building, where Ian Fleming had his office. The car, which will be auctioned at Coys’ traditional Blenheim Palace sale on 12 July, is believed to have been the inspiration for the Aston Martin featured in the original novel Goldfinger.
Last year’s BEN Ball more than lived up to its billing as ‘the night of the year’ for the automotive industry. It will live long in the memory of all guests and is already attracting interest and enquiries for this year. BEN has decided to reward this interest with the offer of an early bird booking discount. Therefore every booking made before the end of March will qualify for a full 10 per cent reduction on all prices.
Manheim’s latest monthly UK Market Analysis in 2014 shows that part-exchange values have risen again for the second month in a row, with February witnessing an all-time high of £3,216, which is a £7 increase when compared with the previous month. On the whole, average selling prices have been on a positive trajectory over the past six months, with values rising by £587 over the period. In fact, the positivity goes even further back, as average values in February 2014 are £280 higher when compared with the same period last year.
While forecasters are predicting that temperatures will drop, British Car Auctions (BCA) has released its latest data on 4×4 used sales. The average value for 4x4s sold at BCA during the fourth quarter of 2013 rose by over £1,100 compared to the third quarter. December recorded the highest values in the second half of the year as 4x4s averaged over £15,000, a rise of £388 compared to December 2013.
The National Association of Motor Auctions (NAMA) has published its Light Commercial Vehicle (LCV) market report for August. The report shows that during July the average values of used LCV’'s at auction across the board rose by just 1 per cent from £4,188 to £4,224 between July and August. Total sales volumes increased 18 per cent from 6,007 to 7,101 units.
Research conducted among 625 motorists from vehicle remarketing company, British Car Auctions (BCA), reveals that 23 per cent of motorists have ignored red warning lights on their dashboard, choosing to continue driving before addressing the problem rather than stopping as soon as safe to do so. And whilst over half said they would stop immediately and call for assistance a small minority (5.5 per cent) said they would deal with it when they had time with some hoping it might just go off of its own accord! When it comes to amber advisory warnings, 36 per cent of motorists who responded to the BCA research said they had ignored amber advisory dashboard warnings and did not respond to them with any urgency. Over half (59 per cent) of those polled would continue on to their destination if an advisory light appeared and then address the problem. The research does not reveal how many – if any – of the warning lights were related to TPMS and runflat tyres.
Ever wanted to live out your James Bond fantasies? Now the Lotus Esprit Series 1 ‘Submarine’ Car used in the “The Spy Who Loved Me” is up for auction you can…if you have enough money. But don’t bother trying to change the tyres.
Research from vehicle remarketing specialist, British Car Auctions (BCA), suggests motorists will welcome news of new powers for police to tackle bad driving. In a survey of 800 motorists, BCA found that 'selfish driving' is the thing motorists hate most about other drivers, with 70 per cent citing this as one of their top three frustrations. 57 per cent of those polled were concerned about other motorists using a mobile phone while driving, while over a third (34 per cent) said motorists texting while driving was a major frustration.
The National Association of Motor Auctions (NAMA) raised an impressive £3000 for Ben, the motor industry benevolent fund, during their 2013 Annual General Meeting Dinner.
The 15th BEN Scotland Ball, held recently, enjoyed an increase in attendance and raised an impressive £8,000 for the automotive charity.
Members and guests at the 83rd annual NTDA dinner raised more than £10,000 for BEN, the dedicated charity for the automotive industry. £6,600 was raised in two charity auctions conducted by the guest speaker and former England rugby union international, Martin Bayfield. The first auction piece was an all-expenses paid trip for two to Dubai donated by the Al Dobowi Group, which raised £6,000; the second was an electric Mercedes XL children’s car sponsored by Mercedes Benz Finance. Donations made in envelopes by members and guests took the total into five figures.
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