Market News - February 2025
Welcome to the latest edition of the BCA newsletter where we give you the latest news and updates.
Keep up to date with all the news developments at bca.co.uk/news.
Used car market makes strong start to 2025
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Used values rose sharply in January as customer engagement increased across BCA’s online sales programme, generating sustained demand across the wider used car market.?
Values averaged ￡8,042 across the board at BCA in January 2025, a rise of ￡688 (+9.4%) month-on-month and up by ￡445 (+5.9%) compared with January last year. The January 2025 figure was the highest monthly value recorded since June 2023 and influenced by the high-quality mix of vehicles on offer at BCA.?
Read the full story here.
BCA remarketing agreement with Santander Consumer UK
BCA has partnered with Santander Consumer UK with the announcement of a new remarketing agreement.?
The new programme will offer a wide range of stock, including prestige, executive and sporting examples and popular volume models, as well as a selection of motorhomes, motorbikes, light commercials and pick-ups.?
An extensive number of manufacturers will feature with Santander Consumer UK partnering with a wide range of OEM partners.? Santander Consumer UK work with over 4,500 dealers across the UK and have around 400,000 cars on finance in the UK at any one time.
Click here for the full story.
Moneybarn renews with BCA in exclusive two-year remarketing deal
Moneybarn Vehicle Finance, the UK’s leading lender for the non-standard motor finance market, has renewed its partnership with BCA. The new two-year exclusive deal is expected to see BCA manage more than 24,000 vehicles over the contract. Additionally, BCA is supplying specialised Inspect and Collect services for Moneybarn.
BCA offers a wide selection of vehicles at a variety of ages and mileages from Moneybarn, with online sales staged Monday to Saturday to reach the largest audience of professional motor industry buyers. BCA continues to enhance and improve its suite of digital products to make it even easier for customers to do business via BCA Online and the Buyer app.
Click here to read more.
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4 天前Thank you for sharing this insightful update about the BCA newsletter. It's encouraging to see such positive developments in the used car market, especially with January recording the highest average values since last June. The partnership with Santander Consumer UK also stands out as a significant move, offering a diverse range of vehicles that cater to various customer needs, including prestige and light commercial models. Additionally, the renewal of the agreement with Moneybarn highlights the trust and collaboration between BCA and leading finance providers, which is vital for sustaining growth in the market. It will be interesting to see how these partnerships and innovations in digital products continue to shape the industry in the coming months. Looking forward to more updates!