NAMA LAUNCHES NEW CAR AUCTION DATA REPORT

Published 17/10/2016 00:00:00 in Press Releases

The National Association of Motor Actions (NAMA) has launched its new car auction data report today.  The new style report will be published on a monthly basis and is compiled by Glass’s Guide.

The report shows that in September:

  • First time conversation rates increased by 4.6% to 82.3% - however were still down   -0.2% on the same period last year
  • Average selling value increased 0.1% to £4,829
  • Average mileage went down to 67,799 - which is broadly in line for the same period last year
  • The first time premium was £192 – down by £42 in August, however was up £22 on the same period last year

Louise Wallis, Head of NAMA commented, “Auction activity throughout September remained strong from the surge which began in August following our vote to leave the EU – showing the economy remains strong and business is still as usual.”

 

ENDS

NOTES TO EDITORS:

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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