12:48 pm, July 19, 2022
Nissan selling off its West Way dealerships, the used cars that had the biggest and lowest price increases in June, and whether people really care about Dacia’s new eco-friendly look to its dealerships were just some of the topics to feature on the latest Car Dealer Podcast.
On this week’s show, Car Dealer’s Jon Reay and James Batchelor sat down to chat about the best stories over the past seven days.
The pair were joined by the co-founder of Trade to Trade, James Vaughan, who gave some welcome insight into the used car market.
Through its social media and a dedicated app, serial award-winner Trade to Trade allows dealers to buy and sell stock simply and easily.
Vaughan said he’s been noticing a few interesting trends in the used car market of late, particularly to do with demand.
‘On a daily basis we see up up to 100 vehicles through the platform and you get to see what is flying out fast and what is sticking around,’ he told Reay and Batchelor.
‘It seems like the high-end stuff is going in seconds – cars like a £10,000 BMW might take a couple of days to sell, but a £240,000 Lamborghini sells in minutes.’
It’s not just supercars that are selling quickly but also high-end premium brands such a Porsche and Land Rover – and selling a huge premium.
‘It’s an odd thing to hear how there’s a cost-of-living crisis and yet high-end cars are stilling selling very well.’
You can hear more of what Vaughan had to say by listening to the podcast below or on Spotify and Apple Podcasts.
Find out more about all of the stories mentioned by clicking below:
- Revealed: The 10 used models that saw the lowest price growth in June
- Revealed: The 10 used models that saw the biggest price growth in June
- Dacia shows off new ‘eco-friendly’ look for dealership interiors
- Sky-high car prices are ‘number one priority’ for customers as cost of living spirals, dealers tell survey
- Used car supply may never go back to pre-pandemic levels, warns remarketing body
- Nissan to sell off West Way dealership group
- Lawsuit against Mercedes begins in Germany over Dieselgate allegations
- Dealer group Mackie Motors says Nissan and Renault ‘destroyed’ its business as it adds brands to ongoing lawsuit
- Mini’s entire UK dealer network gets seal of approval from Dogs Trust
- Hendy Group installs defibrillators at 60 of its sites across the south of England
Each week on the Car Dealer Podcast, two of the team go head to head choosing their favourite stories of the week and an industry guest decides which was best.
