98 Results Found
NAMA 21/05/2025
“The wholesale vehicle market has continued to perform steadily through May, with conversion rates softening slightly due to seasonal factors such as the recent bank holidays, though pricing has largely held firm,” said Paul Hill, spokesperson for the National Association of Motor Auctions (NAMA), following the May market meeting for 2025.
NAMA 21/05/2025
“Last Saturday, NAMA hosted its 2025 Annual General Meeting in Portugal. The event marked the launch of several key initiatives, including the introduction of the Licenced Auctioneer Scheme and the unveiling of NAMA’s new branding” said Paul Hill, Spokesperson for the National Association of Motor Auctions (NAMA).
NAMA 14/05/2025
NAMA is urging sellers to maximise the residual value of their vehicles by taking full advantage of the NAMA used grading system - offering what can effectively be seen as "maximising asset performance". By simply investing in cosmetic refurbishment to move a vehicle’s grade from a 4 to a 2, sellers can achieve a significant, measurable return on investment.
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.