Auto Retail Live 24 October 2024

Auto Retail Live

September’s new car plate-change month is now out of the way, so attention inevitably turns to the used car market. Despite a relatively strong month for new, used car volumes for franchised retailers are essentially governed by how the market performed two-four years ago. With the market missing more than 1.5 million cars during the pandemic, this is still having a significant impact on stock sourcing and pricing. Used car buyers are traditionally on a tighter budget than new car customers and they’re also more traditional in their fuel choice. The result is a distortion. Electric car prices may be weak, but the majority of the market is still running petrol and diesel vehicles where pricing is strong. In this webinar our panel will discuss what this means for retailers and how profitability can be maintained through the very real disruption. Examining all these topics in our next Auto Retail Live Business Briefing, will be Perrys’ Darren Ardron, Swansway’s Peter Smyth, and Motors’ Phill Jones. Led by Auto Retail Live chair Al Clarke, the panel will discuss what’s going on now and what’s expected to happen in the used car market in the next few months. Auto Retail Live, on Thursday 24 October, will examine the data, discuss hands-on experience and offer advice about how to get the most out of the rest of 2204. Our expert panel will also be available live to answer your questions to help you run a more successful business. Key topics for discussion include: Used car market overview Consumer behaviour in 2024 Used car pricing approach, what works best Stock availability and sourcing Part-ex policies, what’s best?