F&I Management & Training

The volumes of dealer part-exchanges is 'fairly static', but with some seasonal pressure on values in the second quarter of 2007, according to Manheim's latest market analysis. This reflects the general market activity which sees the total number of used car transactions in the UK during the first six months of 2007 almost identical to last year at 3.89million. With the new car market in the same period up by 2.4% against 2006, Manheim believes that used car activity will continue to be a principal focus for the remainder of 2007, increasingly driving dealer's profits.

DATED: 31.08.07

FEED: AW