“Will 2019 be the year of the used van?” is one of the key questions being posed at the next meeting of the Vehicle Remarketing Association, taking place on 21 September at Manheim in Bruntingthorpe.
The used car market should prepare for a potential oversupply of petrol cars in the medium term, says the Vehicle Remarketing Association.
Best practice guidelines covering how to handle the recent Advertising Standards Authority ruling on previous business use cars will form the core of the next meeting of the Vehicle Remarketing Association. Taking place on 22 March at CD Auction Group in Corby, it will include a detailed presentation on the subject by Jonathan Butler of leading legal firm, Geldards, as well as member reports of how they are managing the issue.
Used car dealers should be starting to think about an inevitable shift away from diesel towards petrol that is likely to take effect in around two years, says the Vehicle Remarketing Association.
Hydrogen cars could rewrite the standard vehicle depreciation curve, members of the Vehicle Remarketing Association heard at their monthly meeting last week.
The balance of stocking diesel, petrol, hybrid and alternative fuel used cars is set to become a more important issue for dealers over the course of 2018, says the Vehicle Remarketing Association. The trade body, which represents members that are involved in the remarketing of more than 1.5m vehicles per year in total, says that the process is likely to be relatively measured but also unavoidable.
Diesel is likely to remain a crucial part of the motor trade’s fuel mix for the foreseeable future and the motor industry should “remain calm” over its future values, says the Vehicle Remarketing Association. The trade organisation – which represents companies that are involved in remarketing more than 1.5 million vehicles every year – says that there is every reason to expect that the values of most diesels will stay relatively stable.
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