Manufacturers and vendors such as leasing companies will need to implement smarter remarketing strategies if they are to be successful in the used car market next year, Glass’s has warned.
The valuations experts said the volume of vehicles reaching the used car arena will grow in 2016 as PCP returns and the effects of a strong new car market filter through.
According to Rupert Pontin, head of valuations at Glass’s, vendors and car makers will try to sell vehicles as quickly as possible for the most effective disposal turnaround. “Going into 2016, we see more use of technology to make fast sales happen.”
“Online trade sales of all kinds are becoming more and more effective and efficient, especially through use of the National Association of Motor Auctions’ grading system and improved online images and video,” Pontin added.
