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AUCTION HOUSES GEAR UP FOR FINAL PUSH OF THE YEAR

NAMA 23/11/2023

“Auction houses are continuing to witness a trend of price realignment, with a slight uptick in volume for November. Dealers are starting to adopt a targeted approach for stock, in anticipation of a positive bounce in the new year,” said Paul Hill, NAMA Advisor, following NAMA members and valuation guides met on 21 November 2023 to discuss current market conditions and future outlooks.

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NAMA MEMBERS REPORT WITH OPTIMISM AFTER PROMISING START TO YEAR

NAMA 23/02/2023

“Overall feedback from NAMA members was very positive, with members reporting good trading conditions in both retail and wholesale markets and predict a small rise in guide prices for the coming months”, said Paul Hill National Association of Motor Auctions (NAMA) spokesman, following a meeting this week (Tuesday 21 February 2022) with key industry figureheads to discuss current industry issues.

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POSITIVE START TO THE YEAR FOR AUCTION HOUSES

NAMA 20/01/2023

“December was a positive month for NAMA Auction members and January has been even stronger for both prices and conversion rates. As a whole, members are optimistic and expect the market to remain stable,” said Paul Hill National Association of Motor Auctions (NAMA) spokesman, following a meeting this week (Tuesday 17 January 2023) with key industry figureheads to discuss current market conditions and provide views on future wholesale trading.

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