REMARKETING: Steady as she goes
12 February 2013
Jack Carfrae speaks to the captains of the remarketing industry to find out what they are predicting for the second-hand market for this year - and it looks a lot more stable than last year.
Although the impact of the big sporting events and additional bank holidays - such as the Olympics and Diamond Jubilee - were less pronounced than expected, trading in 2013 should still benefit from their absence
This year BCA is seeking to build on a total of over 100,000 vehicles being sold through its Blackbushe headquarters alone in 2012. The auction house is cautiously optimistic about 2013.
BCA's Tony Gannon explains: "If anything, the stock shortage is potentially more acute in 2013 than it was in 2012 and this is likely to keep prices firm, particularly for 'first time to market' fleet and lease cars.
"However, as 2012 values were so strong - frequently recording double-digit year-on-year percentage increases - we are not anticipating the same large value rises this year."
The consensus among those in the industry is that this year is likely to be more predictable than the last, with less in the way of disruptions and more consistent values from ex-fleet stock.