Tag Archives: Dealer Auction

The MINI Hatch had the highest profit potential in the sub -£10,000 retail bracket in February, with an average retail margin of £2,050, according to Dealer Auction. The Nissan Qashqai (£1,750) was the fastest seller, retailing in 28 days on average. The MINI Hatch was followed by the Ford Kuga (£2,025) and the BMW 1 Series (£1,975). Dealer Auction’s marketplace ...

Dealer Auction has launched an all-new retail ready stock source for dealers. This stock is sourced via Dealer Auction’s new overage solution, Make Me an Offer, which allows franchise retailers to automatically list ageing vehicles on the platform while they remain live on Auto Trader. Following the initial pilot phase, there have been over 2,000 retail-ready vehicles listed across Dealer ...

Dealer Auction saw a 72.8% rise in bids on AFVs in January, to 5,569, with the Toyota Prius hybrid being the standout model. Bids for AFVs in January surpassed those on ICE models, which increased by 65%, and surpassed the average month in 2024 (4,271). Dealer Auction’s marketplace director, Kieran TeeBoon, said: “2025 is certainly upping the game, with higher ...

The Mazda CX-5 provided dealers with the highest profit potential in the sub-£10,000 retail bracket in January, according to Dealer Auction’s Retail Margin Monitor. The premium SUV had an average retail margin of £2,150. This is the first monthly Retail Margin Monitor since Dealer Auction has split data sets into two brackets: vehicles with a retail value of £0–£9,999 and ...

Octopus Electric Vehicles (Octopus EV) and Dealer Auction will partner to create a digital marketplace for used EVs. Dealer Auction will provide a bespoke storefront and closed network experience for Octopus’ trade EV sales. These sales launch on 10 February and the first sale will see 50 hand-picked vehicles available to purchase. Dave Pretty, head of OEM & Fleet at ...

Dealer Auction’s Retail Margin Monitor has revealed Ford Kuga offered the biggest opportunity for profit in 2024. In this annual round-up – and going forward – the platform has updated its profit margin data set and is splitting it into two brackets: vehicles with a retail value of £0–£9,999 and over £10,000. Dealer Auction’s marketplace director, Kieran TeeBoon, said: “It’s ...

Dealer Auction’s EV Performance Review shows that the average gross margin for AFVs in November jumped by just under a third on October’s data, rising 31.4% from £2,819 to £3,664. The average sold price also rose – 7% month-on-month – and bids rose to over 5,000. Dealer Auction’s marketplace director, Kieran TeeBoon, said: “The £800+ rise in average retail margins ...

Alternatively fuelled vehicles (AFVs) traded in October were younger, carried fewer miles and were more profitable than in September, according to Dealer Auction’s EV Performance Review. There was a 10% rise in bids on EV and hybrid vehicles. The average sold price (£15,706) also rose 9.5% MoM. Dealer Auction’s marketplace director, Kieran TeeBoon, said: “As the automotive retail landscape continues to ...

The robust demand tracked throughout H1 on Dealer Auction’s platform continued into Q3. Total estimated trade profit rose from £2.6 million to £3.5 million in the three-month period from July to September 2024. Kieran TeeBoon, Dealer Auction’s marketplace director, said: “Q3 saw positive trade-to-trade activity on the Dealer Auction platform – demand is strong, cars are selling quicker and we’re ...

The Land Rover Range Rover Evoque was the top profit-making model (£3,650) of September 2024, according to Dealer Auction. Data revealed a 50-50 split between premium and mainstream models for the first time. The Range Rover Evoque took the spot of the  Discovery Sport (£3,300) which has been top profit-maker seven out of the nine months in 2024. The Volvo ...