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NEWS rss

Fisker sold for £50k

A SPECIAL sale at BCA Bedford has netted a £3m-plus turnover and saw 400 end-of-lease and prestige cars sold. Lex Autolease and BCA combined for the sale which attracted more than 300 buyers to the Bedford auction centre. A further 533 logging on to bid via BCA’s Live Online internet bidding service. More than 90 per [...]

December values rise

AVERAGE used values increased by four per cent or £250 in December compared to November, says BCA. Their pulse report showed the rise which was due to increased demand over a shortened trading period with reduced volumes. Average values rose to £6,451, the highest figure on record since pulse began reporting in 2005. Some of [...]

BCA moves business

AUCTION firm BCA has confirmed it is transferring business from two of its sites to the Bridgewater supercentre. Business will now move from Newport and Tewkesbury to the 20 acre site at Bridgwater just off Junction 23 of the M5. The Bridgwater centre has two auction halls and undercover viewing for 600 vehicles, and offers [...]

Used values rose in Nov

AVERAGE used car values improved by nearly four per cent in November compared to October, new data suggests. BCA’s latest pulse report showed the rise was due to ‘well balanced supply and demand’ in November. On average, values rose by £238 (3.9 per cent) to £6,201, the second highest value on record since the market [...]

Hybrids go to auction

LEX Autolease and BCA will stage the UK’s first ever auction dedicated to environmentally friendly hybrid models. The sale will feature up to 50 popular hybrid models direct from Lex Autolease. Cars such as Toyota Auris and Prius, Honda Civic, CR-Z and Insight and Lexus RX will be on offer at BCA’s Blackbushe site on [...]



BCA launches new scheme  

BCA launches new scheme

 

AUCTION firm BCA is launching a new sales product that offers a range of benefits to buyers and sellers alike. BCA Assured provides peace of mind to buyers by providing a report on a 30 point mechanical check carried out by an independent motoring organisation. Only cars under eight years and 120,000 miles are eligible [...]

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Motorists will hang on  

Motorists will hang on

 

MOTORISTS are planning to keep their cars for longer and drive less, research from BCA has found. The auction firm’s research follows new figures from Ernst & Young ITEM Club revealing that the cost of a tank of petrol could hit £100 by 2015, putting further pressure on UK households. The latest used car market report [...]

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4x4 prices are rising  

4×4 prices are rising

 

BCA has revealed 4×4 values have already started to rise – and will climb further as Winter weather takes hold. September saw the value of four wheel drives begin to climb sharply, with prices now getting close to those seen in January and February this year. The average value for all 4x4s sold by BCA [...]

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Supply drives up prices?  

Supply drives up prices?

 

THE overall value of used cars sold last year reached a record breaking £35bn a BCA report has shown. Figures released from the 2011 Used Car Market Report published by BCA and written by Professor Peter Cooke show that an extra 270,000 used cars were sold last year compared to 2009, generating an additional £800m [...]

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BCA's long term view  

BCA’s long term view

 

BCA has published a major new report surrounding the economy and the used vehicle market. The Long View Report – authored by Prof Peter Cooke and the automotive group at the University of Buckingham - examines the relationship between the state of the country’s economy, used vehicle supply and the retail used car market. The report looks [...]

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Used markets are steady  

Used markets are steady

 

BCA has released data on used car market performance at the half-year point – and it’s a steady picture. The firm’s report shows that the used car markets are relatively steady despite the ongoing economic gloom and concerns from many parts of the UK retail sector. It follows the latest SMMT new car forecast – [...]

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BCA Blackbushe is 25  

BCA Blackbushe is 25

 

STAFF and customers are celebrating a special moment in BCA Blackbushe’s history  - the auction site is 25 years old. Officially opened by HRH Prince Michael of Kent on May 20, 1986, BCA Blackbushe has become Europe’s largest vehicle auction centre at more than 60 acres, and sells four days a week. On the busiest sale [...]

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BCA says values fall  

BCA says values fall

 

AVERAGE used car sold values fell in April for both used cars and commerical vehicles BCA’s latest pulse report shows. Both volume sectors of fleet/lease and part-exchange cars experienced price falls in April, and sold volumes also declined month on month and conversions fell dramatically. Values across the board fell to £5,626 in April, from [...]

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Used values rose in Feb  

Used values rose in Feb

 

BCA says average values rose marginally in February, largely due to a richer model mix in the nearly-new sector. Their Pulse report shows that values across the board increased by just £11 compared to January’s figure to reach £5,985 and are at the highest point recorded since December 2009. Performance against CAP Clean dropped by [...]

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March: Good time to buy  

March: Good time to buy

 

THE upcoming March plate change is good news for the used car market – that’s the belief of vehicle auction house BCA. It’s news that dealers will want to hear as a shortage of quality, used cars has been affecting the market for the past few months. ‘New car sales for the March plate change [...]

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Pick-up values pick up  

Pick-up values pick up

 

AUCTION firm BCA has reported a significant increase in the value of 4×4 pick-ups in recent weeks. A special selection of 20 4×4 Pick-Ups were offered and sold at BCA Blackbushe on behalf of the UK Car Group late in January and generated a huge amount of interest with trade buyers, small business end-users and [...]

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Auctions' strong starts  

Auctions’ strong starts

 

LEADING UK auction house firms are reporting stronger than ever starts to New Year trading. Manheim Auctions’ 18 centres have all reported strong starts, with attendances both in lane and online being stronger than usual. The firm says that demand has been strong across all sectors, with a 4.5 per cent increase in volume of [...]

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4x4s help LCV values  

4x4s help LCV values

 

MODEL mix helped average LCV values rally marginally in December from November’s low point, says BCA. Wintry conditions boosted sales of higher value 4×4 models, and changing model mix was largely responsible for the increase. However volumes of lower value part-exchange vans fell, while nearly-new volumes actually increased ‘but remain very marginal in the bigger [...]

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BMWs excel at BCA  

BMWs excel at BCA

 

A SPECIAL sale of BMWs at BCA in December saw more than £9m turned-over and a new record set for the year. A special BMW Closed ‘virtual auction’ in December saw 325 cars offered live via a giant screen by BCA’s auctioneers to over 100 BMW dealers. The sale achieved a turnover that exceeded £9.2m [...]

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BCA smash 100k sales  

BCA smash 100k sales

 

BCA has for the first time surged past 100,000 units online in the UK, latest figures reveal. The auction firm has released details of online sales volumes for 2010, which showed it exceeded 100,000 units in the UK for the first time on record. In Europe a further 89,000 units were transacted online by BCA, [...]

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BCA's list of unusual sales  

BCA’s list of unusual sales

 

BCA has drawn up a top 10 list of the most unusual cars to have been sold in its auction rooms in 2010. The list ranges from a bizarre diesel powered road train to the sublime Bugatti Veyron. ‘This year’s big ticket items were a 2006 Bugatti Veyron, which went for £625,000 and a 2008 [...]

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Auctions still busy  

Auctions still busy

 

BCA and Manheim have reported its buyers are not being put off from buying despite the snow and ice. The company has revealed that its buyers are logging onto Live Online, Bid Now and Buy Now in the comfort of their own homes and offices, and bidding for vehicles over the internet. Due to the [...]

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Increase in LCV stock  

Increase in LCV stock

 

BCA reports they have seen a ‘very sudden and substantial increase’ in LCV stock in the latter part of 2010. The auction firm believes that the increase is due to the traditional year-end slowdown and vehicles coming to the market ‘well ahead’ of their planned de-fleet dates. Such vehicles are adding to the already high [...]

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Used 4x4 prices rise  

Used 4×4 prices rise

 

BCA has reported that the current wintery weather is pushing used 4×4 prices up as much as 5 per cent. The vehicle auction specialist says they have seen a rise in used 4×4 prices across their auction centres, as 4x4s stop becoming a luxury purchase but a necessary one. BCA’s Tim Naylor said:  ’As the [...]

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BCA sell rock star's CR-Z  

BCA sell rock star’s CR-Z

 

BCA has got its hands on rock star Justin Hawkins’ hybrid Honda and will auction it off tomorrow! Previously owned from new by the former lead singer of The Darkness, the 60-reg Honda CR-Z 1.5 IMA GT Hyrbid will go under the hammer at the firm’s Paddock Wood site. Finished in White Pearl and upholstered in [...]

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