NAMA CAR AUCTION REPORT JUNE 2017

Published 24/07/2017 00:00:00 in Press Releases

The National Association of Motor Auctions (NAMA) has published its monthly car auction data report today for June 2017.

The report shows that overall in June:

  • First time conversion rates increased by 1.3% to 75.4% from May - the rate was down by  -0.3 % on June 2016
  • Average selling value increased 4.2% from £5,176 to £5,392
  • Average mileage went down by -0.4% to 64,102
  • The first time premium was £95 – up by £34 (55.7%) on last month

Louise Wallis, Head of NAMA commented, “Auction activity showed signs of improvement in June – strengthening as the month progressed.

“The overall conversion rate improved by 1.3% - whilst this was significantly lower compared to some the highs seen in the first quarter, this is broadly in line with last year’s performance.

“We anticipate the market to remain stable with good quality cars remaining in demand.”

 

ENDS

Notes for editors: The full NAMA Car Auction report is available from the RMI press office on request.

Rupal Rawal, Press Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk  Email: rupal.rawal@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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