Introduced a month ago to provide end-user fleets and leasing companies with a rapid and cost-effective way of selling their cars direct to consumers and trade, the www.ukcarexchange.com website is said to attracted a strong following while stock levels are consistently exceeding a thousand cars. Now the company has introduced a stock bulletin in direct response to feedback from dealers keen to have a regular update on new listings and daily price drops.

Arriving in subscribers' inboxes each day, the email highlights a wide selection of current trade stock available, enabling registered users to quickly identify which vehicles are suitable for replenishing stock or meeting specific customer requirements.

According to UK Car Exchange, the new service further enhances the website's proposition to sellers including fleet operators.

Tony Hinkley, managing director of UK Car Exchange, said: 'In a very short period of time, our unique price-drop mechanism has demonstrated that it gives used car buyers the chance to pick up the right cars at the right price. Meanwhile, our registered sellers are enjoying faster stock turnover, thanks to the daily price drops, as well as benefiting from the chance to not only advertise cars but also to sell them through the site.

'The launch of the platform has been timely, in light of the difficulties many in the motor trade are facing in their efforts to locate good quality used cars. We expect our sellers to see particularly quick sales over the coming weeks, as buyers turn to UK Car Exchange for retail-ready stock at very competitive prices.'