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Strategies for a Shifting Used Vehicle Market
Manage episode 478467958 series 3386473
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BVRLA members are responsible for 4.3m vehicles on UK roads and account for a considerable portion of new vehicles registered every year. Alongside fleet operators and business customers, they invest huge sums in their fleets and need to pay very close attention to:
- vehicle values on the way in
- movements in forecast and realised residual values, and
- how different channels offer different options
In this episode, Chris Timms from Autorola Marketplace looks at how this space is evolving and shares his top tips on how stock can be directed when being defleeted. The wide-ranging discussion also looks at the increased role of digital auctions and the subsequent impacts on vehicle inspections, movements, and storage.
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