NEWS

PREMIUM models with lots of kit are selling faster than mainstream cars even if they show high miles. Car dealers who fail to realise this could be missing out on significant sales! Analysis by Carsite has revealed that fully-loaded posh motors sell faster than budget brand models with lower miles. Alistair Jeff of Carsite.co.uk said; [...]

CAR dealers are turning to online sales channels for the same reasons as their customers says an industry expert. Epyx reckons convenience and choice are leading dealers to switch onto the internet. It is much more efficient than visiting multiple forecourts or scanning the newspaper ads to find the right car, says head of business [...]

GLASS’S is responding to car dealers snubbing paper Guides for online values with an enhanced internet valuation tool. GlassNet Unlimited launches this month, which will allow limitless car valuations without racking up the bills. Cost? £1 a day for the typical user, reckons Glass’s – which adds the more cars a dealer values using it, [...]

USED car trade-ins are now able to be marketed through a new online service to maximise profit returns. Car disposal firm Cartakeback has launched an Auction service to help car dealers make as much money as possible from part-exchanges. The service is targeting the lower-end traders, which are not worth much, but still have an [...]

CAR buyers are more willing than ever before to purchase new cars over the internet says a web giant. Autoquake.com is the UK’s largest online used car retailer – and says 14 percent MORE people are happier to buy online than they were 3 years ago. In contrast, all other conventional used car sources have [...]

G3 Remarketing has announced the appointment of Tom Marley to drive its projects and development. It is a position he couldn’t refuse – as G3 has an ambitious dedicated LCV online auction product ready to hit the market. His role, he explained, is to expand upon schemes already in development, ‘and help develop alternative opportunities [...]

CAR buying website autoquake.com reports 35 percent of all customers now buy without seeing the car. It’s not low-risk budget motors they are buying either: the average spend is £7500! This shows that car buyers are quickly tuning into the idea of buying cars online. Autoquake says it has helped encourage this with a 7-day [...]

SNOW is no longer a hindrance to car dealers as online tools mean businesses can still be all-white. Forecourt sales may have plunged by 60 percent in January’s heavy snowfall – but online sales were as much as FOUR TIMES higher! Web experts autotorq.com says many of its dealers recorded web traffic increase of 75 [...]

BEN has launched its new company website as the latest part of the charity’s growing new media strategy. More useable and accessible than before, the new site has been completely redesigned and redeveloped. What’s new? Well, the design is the most obvious change. But, delve deeper, to discover new features including events booking sections, blogs, [...]

MANHEIM reports its Simulcast online auction service rocketed 85 percent and sold 25,000 cars in 2009. This came on the back of a 94 percent growth in car trade buyer log-ins, which saw the 100,000-mark broken. Total worth of these cars sold online? £200 million. Proof, said MD Mike Pilkington, that ‘the investment in Simulcast [...]

SNOW and ice may have brought the country to a standstill but it has not affected a single BCA sale. The car auction house has around 3000 cars on offer today. Sales are underway right now at Bedford, Blackbushe Commercials, Birmingham, Brighouse, Derby, Edinburgh, Glasgow, London, Measham Commercials, Newport, Preston and Walsall What’s more, every [...]

25 percent of all cars will be bought online by within 5 years, predicts online car buying service autoebid.com. Supporting this bold claim comes recent results that have seen its sales increase 100 percent. The ‘reverse auction’ site, which sees car dealers bidding for customer business, says there is still a great gulf between the [...]

ONLINE access to ALL of its auctions across the UK will soon be offered by car auction house SMA. This will mean car dealer customers of the Scottish firm need never visit a ‘live’ car auction ever again. The move will, says SMA, set a UK-first precedent. Never before have customers been able to hook [...]

ONLINE car advertising advice has been given to car dealers struggling to get their processes right. Exchange and Mart has put together a list of top tips for car buyers… … Which are of direct interest to car dealers, who are looking to perfect their online offer! ‘The increasing popularity of online retail, particularly during [...]

CAR dealers can cut the cost of an Exchange and Mart subscription in HALF, simply with a good reference. Any car dealer recommending another gets a discount of a fifth. What’s more, there’s a further 5 percent saving on the table for every one they subsequently refer after that, up to a maximum of 50 [...]

CAR buyers at Motorpoint are using an online ‘checkout’ tool to reserve £500k of cars every month. The facility allows buyers across the country to secure cars online with a credit card. They then compete the balance of the transaction over the telephone. It’s been in place since spring 2007 – since which, 2000 people [...]

DEALERS are now able to offer an easy online booking service to make routine car servicing less hassle. DCML has rolled out its Online Service Bookings facility. It gives franchised dealer customers a live feed to service appointment availability – which they can then go ahead and book remotely. Cleverly, it also links up to [...]

AUTOQUAKE.COM has just secured another round of multi million pound venture capital fund investment. The online car retailer says it is adding this to the £10 million it has already raised. It will use the cash, from Accel Partners and Highland Capital Partners, to continue growing its UK operations – which have seen sales double [...]