95 Results Found
NAMA 23/04/2025
“In the lead up to the Easter bank holiday weekend, we saw stability in the wholesale market but there are signs of some light market deflation. This is not unexpected, especially after what has been a particularly steady and stable first quarter” said Paul Hill, spokesperson for the National Association of Motor Auctions (NAMA) following the April market meeting for 2025.
NAMA 21/03/2025
Overall, demand has been exceeding supply, and NAMA members have noted a general shortage of stock. Conversion rates remain strong, with EVs over two years old offering good value. In contrast, EVs under 18 months are facing more challenges. In general, it has been a very positive quarter for the wholesale market, and with Easter approaching next month, NAMA members are eager to see if this will impact the market.
NAMA 20/02/2025
NAMA members have expressed overall satisfaction with the year’s start. Overall price performance has grown by 0.3%, with the strongest performance increases seen in vehicles priced up to £10,000. BEVs continue to show slight weakness, down -0.2%, with some older EV models underperforming and newer EV models facing discount pressures. Petrol vehicles are up 0.6%, with small petrol cars being the most in demand, while the supply of 3-5 year-old vehicles remains challenging. NAMA members also report good conversion rates for this time of year.
NAMA 04/02/2025
NAMA is delighted to announce that the start of 2025 sees the launch of its all-new Training and Education Committee. One of the associations recent and most recognised achievements is that of the NAMA used vehicle grading scheme, now the UK’s standard that is used across the motor industry by sellers and buyers alike. The success of this scheme is underpinned by the continual training, education and stringent audit processes that NAMA have adopted. Over 1000 vehicle appraisers throughout the UK hold the NAMA vehicle appraiser qualification and the scheme itself received the coveted Kings Award for Enterprise in 2023.
NAMA 27/01/2025
Overall, members are reporting that the car market is in a strong and healthy position. Overall price movement is negligible with prices generally level however, BEVs have shown slight weakness, down by -0.7% with PHEVs fairing slightly better with values down by -0.5%. Older, higher mileage vehicles have improved on their year-end position. The current positive momentum is expected to continue over the coming months through vehicle condition remains a key factor in ensuring strong performance.
NAMA 26/02/2024
“The auction market overall is very strong with prices achieved and conversion rates showing very healthy levels of demand with the ability to absorb supply. The outlook remains positive with a note of caution regarding a change in market conditions at Easter," said Paul Hill, National Association of Motor Auctions (NAMA) spokesman, following a meeting this week (Tuesday 20 February 2024) with NAMA representatives.