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.
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.
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.
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.
NAMA 16/11/2022
“Overall, the used car market is in a strong position heading towards the tail end of the year. Whilst the lack of new car registrations in the past two and a half years has stemmed the supply of used cars for forecourts, values reaching record heights has balanced this out. NAMA Members are reporting stable trading, and that the market is in a good position”, said Paul Hill National Association of Motor Auctions (NAMA) spokesman, after a meeting was held this week (Tuesday 15 November 2022) with key industry figureheads to discuss current industry issues.
NAMA 17/10/2022
The National Association of Motor Auctions (NAMA) held its annual AGM on the Saturday 15 October at The Western La Quinta, Marbella.
NAMA 22/09/2022
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NAMA 13/10/2021
Over 70% of auction houses are expecting to see an increase in petrol, diesel and hybrid values over the next month, according to a survey carried out by the National Association of Motor Auctions (NAMA).
NAMA 07/10/2021
The National Association of Motor Auctions (NAMA) grading scheme continues to support used car sales and was hugely successful in steering the market through the pandemic.
NAMA 19/09/2021
The National Association of Motor Auctions (NAMA) held its annual AGM on the Saturday 18 September in Windsor.
NAMA 15/09/2021
A recent survey carried out by the National Association of Motor Auctions (NAMA), highlights continued strength in the used car market driven by demand for vehicles and reduced supplies of stock.
NAMA 10/08/2021
“It is extremely positive that the used car market results in Q2 broadly reflect the heightened demand auction houses have been experiencing” according to the National Association of Motor Auctions (NAMA), commenting on the SMMT’s used car figures released today.
NAMA 08/07/2021
A recent survey carried out by the National Association of Motor Auctions (NAMA), highlights continued strength in the used car market driven by demand for vehicles and reduced supplies of stock.
NAMA 10/06/2021
A recent survey carried out by the National Association of Motor Auctions (NAMA) revealed that there is growing confidence that 1st time conversion rates and values of petrol and diesel vehicles will increase as the UK comes out of its final stages of lockdown.
NAMA 11/05/2021
“It is not surprising to see that lockdown measures in the UK heavily impacted used car transactions in Q1 of the year”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 19/04/2021
“Auctions are benefiting from retailers buying vehicles to stock their forecourts to meet strong consumer demand for used cars following the easing of lockdown restrictions." commented Louise Wallis, Head of NAMA
NAMA 15/03/2021
A recent survey carried out by the National Association of Motor Auctions (NAMA) revealed that there is growing confidence that 1st time conversion rates and auction volumes will increase as the UK comes out of lockdown.
NAMA 09/02/2021
“In line with expectations, petrol and diesel values have remained extremely strong. The strong values, coupled with robust conversation rates, demonstrate that there is an appetite for vehicles at auction." commented Louise Wallis, Head of NAMA
NAMA 05/01/2021
“NAMA members continue to follow the Government guidance to ensure the safety of their staff and customers, which is the priority." said Louise Wallis, Head of NAMA
NAMA 18/11/2020
“Auctions will be supporting the UK automotive sector and work closely with dealers and fleets to enable the sector to meet the challenges of the phase out of new petrol and diesels cars and vans sales by 2030." said Louise Wallis, Head of NAMA
NAMA 17/11/2020
“Following the first lockdown, businesses are now more familiar with running auctions under covid-safe procedures. Positively, it is business as usual for most auctions thanks to auctioneers’ ability to adapt, focus on online sales and carry on doing business in a safe and compliant way." Louise Wallis, Head of NAMA, commented.
NAMA 14/10/2020
“In line with expectations, demand for stock at auctions has remained extremely strong, which is reflected in rising values and robust conversion rates. Increased supply as a result of September part-exchange vehicles has not dampened demand as consumer confidence remains high” said Louise Wallis, Head of NAMA
NAMA 21/09/2020
Auction houses experienced robust demand for used vans in September as trades returned to work and online shopping activities remained strong
NAMA 10/08/2020
“Demand for stock at auctions is currently very strong, which is helping to keep up hammer prices. Conversion rates have been robust, and this is likely to continue for good quality desirable vehicles even as supply increases.” said Louise Wallis, Head of NAMA
NAMA 14/07/2020
“Volumes are now almost at pre-lockdown levels and auctioneers are optimistic particularly for vehicles over three years old. As new car sales gradually pick up, the increase in defleeted company cars and part-exchanges will support volumes at auctions which are likely to stay strong." Louise Wallis, Head of NAMA.
NAMA 28/05/2020
The National Association of Motor Auctions (NAMA) has reported buoyant results from members currently holding online auctions across all sectors including cars, motorcycles, LCV’s, LGV’s and plant.
NAMA 19/05/2020
“Motor vehicle auctions are open for business online and are seeing good levels of sales activity,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA).
NAMA 12/05/2020
“Although Q1 2020 used car sales were down -8.3%, growth was seen in January and February before auctions were closed,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA)
NAMA 06/05/2020
“We have issued guidance for our motor auctions to give them advice on how they can effectively and safely maintain their business activities during the current lockdown,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA).
NAMA 24/03/2020
“Following the Prime Minister’s announcement last night (23 March) to shut all non-essential retail, including auctions, we are determined to maintain strong support for our members in this uncertain period,” said Louise Wallis, Head of the National Association for Motor Auctions (NAMA).
NAMA 11/03/2020
“Following the past few months of strong volume growth, respondents to the survey are expecting volumes to stabilise during March,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA).
NAMA 03/03/2020
“We are concerned that the report from the Chartered Trading Standards Institute (CTSI) has not considered the industry’s views,” said Louise Wallis, Head of the Nation Association of Motor Auctions (NAMA).
NAMA 13/02/2020
“It is pleasing to see the end of 2019 showing a growing used car market, after the first half of the year was slower,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA).
NAMA 11/02/2020
“A majority of respondents to this month’s survey have indicated that they expect auction volumes to stabilise in February following an increase in supply during January,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA).
NAMA 14/01/2020
“Over half of respondents in this month’s NAMA survey expect an increase in auction volumes,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 10/12/2019
“Almost half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no different,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 13/11/2019
“NAMA is pleased to see that the overall used car market has continued to remain strong in Q3 with the market up 0.9%”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 12/11/2019
“Half of respondents in this month’s NAMA survey are expecting volumes to fall over the coming month. Volumes of vehicles arriving at auction centres generally reduce towards the end of the year, and this year appears to be no different,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 03/10/2019
“All respondents to this month’s NAMA survey are expecting conversion rates to increase or remain stable in October. Conversion rates improved during September as a factor of shortening vehicle supply, at a time when dealer and car dealerships were looking for stock for their forecourts,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 05/09/2019
“More than 80% of NAMA members are expecting vehicle volumes to increase or remain steady in September. The increase will be promoted by the number plate change with both dealer part-exchanges and leasing company de-fleets arriving at remarketing centres,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 14/08/2019
“NAMA is pleased to see that the overall used car market has continued to remain strong in Q2 with the market down just -2.8%”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 06/08/2019
“More than 50% of NAMA members are expecting conversion rates to increase in August. This has been assisted by the volume of vehicles coming though remarketing centres which has meant buyers have had less vehicles to choose from and has in turn increased conversion rates of those vehicles that are available to buy,” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 10/07/2019
The National Association of Motor Auctions (NAMA) raised a phenomenal £24,000 at its annual AGM in May. A cheque was presented to representatives from Great Ormond Street Children’s hospital at yesterday’s executive meeting.
NAMA 03/07/2019
“NAMA members expect the Euro 6 van market to stay strong as Government clean air policies encourage businesses to purchase these vehicles” said Louise Wallis, Head of the National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 10/06/2019
“NAMA members are expecting used car volumes to stabilise in June, due to a lower number of new car registrations in April and May which led to a reduced number of cars coming through to remarketing centres from dealers and fleets,” said Louise Wallis, Head of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 20/05/2019
The National Association of Motor Auctions (NAMA) held its annual AGM on the 18 May in the Algarve, Portugal. A charity auction in aid of Great Ormond Street Children’s hospital took place following the AGM - raising a phenomenal £24,000. .
NAMA 15/05/2019
“It is encouraging that the overall used car market remained stable in the first quarter of 2019, with demand being boosted by supply issues with new cars due to Worldwide Harmonised Light Vehicle Test Procedure (WLTP)”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 08/05/2019
“Used car volumes are expected to increase in May as vehicles continue to come through from dealer part-exchanges and corporate de-fleets,” said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 02/04/2019
“Following an increase in new car sales in plate change month March where a high number of part exchanges were generated, auctioneers are expecting to see a surge in vehicle volumes this month,” said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s market attitude survey.
NAMA 04/03/2019
“March looks set to be another strong month for motor auctions, with over 80% of members expecting volumes to remain stable or increase,” said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s sentiment survey.
NAMA 01/03/2019
The National Association of Motor Auctions (NAMA) is pleased to see that over 600 candidates have now passed the Vehicle Appraiser Training Course at Stephenson College since it launched in 2015. Of these, 356 candidates have passed with a Merit or distinction.
NAMA 13/02/2019
“It is encouraging to see that the overall used car market remained stable in 2018, despite disruption in the new car market with the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) in September”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 04/02/2019
“February looks set to be a strong month for motor auctions, with the majority of sites expecting both volumes and conversion rates to increase,” said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA), commenting on the latest figures from NAMA’s new sentiment survey.
NAMA 24/01/2019
“The overall used car market reached record highs in 2018, despite pressures in the new car market with the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) in September”, said James Tomlinson, Chairman of The National Association of Motor Auctions (NAMA).
NAMA 18/12/2018
“It is encouraging to see that the wholesale used car market remained buoyant in November, with first time conversion rates falling by just -2.6% to 79.4% which is broadly in line with last year”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting the latest NAMA monthly car auction data report for November 2018.
NAMA 27/11/2018
“It is encouraging to see that the wholesale used car market continued to grow strongly in October with a positive entry level and overall conversion rates of 82%”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting the latest NAMA monthly car auction data report for October 2018.
NAMA 14/11/2018
“It is encouraging to see that the overall used car market has reached near record highs in Q3, despite disruption in the new car market with the recent introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP)”, said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting on the SMMT’s used car figures released today.
NAMA 23/10/2018
“It is encouraging to see that the wholesale used car market continued to grow strongly, despite disruption in the new car market with the recent introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP)”,said Louise Wallis, Head of The National Association of Motor Auctions (NAMA) commenting the latest NAMA monthly car auction data report for September 2018.