its monthly market report today for January.

The report shows that during January the average month-on-month value of used cars sold at auction across the board increased 2.8% £5,670 to £5,828. This is 7% higher than the same period in 2014. The increase in sale value would reflect the quality of stock available in the New Year.

Sales volumes for the late low sector in January 2015 increased by 74% from 6,746 units to 11,835 units. In addition PX Profile (Young) saw a fall from 16,228 units for January 2014 to 11,169 units in January 2015.

The volume of vehicles sold first time during January rose from 73% in December to 80% in January - which was slightly behind the 82% seen during January 2014.

The price premium for vehicles sold firstcar landscape.”

ENDS

Notes for editors: NAMA is the auction division of the RMI. NAMA market information is based on data supplied by its National members operating in the remarketing sector. The monthly sample size is up to 90,000 vehicles. The full report is available on request.

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

NAMA COMMERCIAL VEHICLE REPORT – FEBRUARY 2015

Published 16/03/2015

The National Association of Motor Auctions (NAMA) published its Light Commercial Vehicle (LCV) market report for February today.

The report shows that the average value of used LCV’s at auction across