Pre-registered new Mercedes still exist under its agency model, a practice that was supposed to have stopped with the new retailer agreement. Cars advertised as “nearly new (pre-reg)” with 100 miles on the clock can be found on price comparison sites. Registered cars with less than 100 miles can also be easily found on new and used […]

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The supply of used cars priced over £150k on Auto Trader has “increased exponentially and outpaced demand in the last year”. The number of cars is up 42% year-on-year – but enquiries have fallen 4%. It now takes 80 days to sell cars priced over £150k, a full 24 days slower than the 2022 average. […]

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Auto Trader’s audience reached 64 million in June 2020, up 29% on 2019. Used car prices on the platform also grew 3.7% in June 2019. This is the largest monthly increase since January 2019. The biggest gain was for cars aged 5-10 years, which rose 7.0%, with cars below 5 years up 3.0%. It is […]

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Franchised dealer group, Halliwell Jones has submitted plans for a new dealership on a site in Handforth. If successful the new site would replace three existing premises in the town and nearby Wilmslow, in Cheshire.  The retailer believes the current sites are no longer fit for purpose. The proposed development will occupy a 2.43 hectares […]

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Peter Vardy opened its second CarStore on Saturday. The 70,000 square foot car supermarket in Dundee sells all brands of used cars and had over 500 cars in stock at its opening. This is the Peter Vardy Group’s 12th site and is located on the town’s Dunsinane industrial estate. It’s one of Scotland’s largest dealerships and is bigger […]

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