Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Van Tax Calculator
BiK Rates Company Car Tax

Used car market to stay strong over Christmas period

Performance in the used car market looks set to stay strong over the Christmas and New Year period, Aston Barclay has reported.

 Martin Potter, group operations director at Aston Barclay Group.

Martin Potter, group operations director at Aston Barclay Group.

The auctions and remarketing specialist said the market is on track to finish in a similar fashion to 2015, with vendors selling right up to the festive break, with buyers keen to stock up ready for strong retail demand over the Christmas period.

“Last year, used car dealers experienced a strong December with buyers coming out in their droves in the days between Christmas and New Year,” explained Martin Potter, group operations director at Aston Barclay Group.

“Buyers are hoping for a similar situation in 2016 with the Christmas period stretching over two weekend periods and want to have stock ready for another positive festive season. If this does not materialise, dealers will still be well placed with stock for the start of 2017,” he added.

“Keen to take advantage of a healthy used market, vendors are looking to sell right up to the week of Christmas across the Aston Barclay Group. Vendors are keen to take advantage of this demand which appears to be even more prevalent than previous Decembers, with all four centres reporting consistent conversion rates in excess of 80%,” added Potter.

 

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.