which is broadly in line for the same period last year

The first time premium was £192 – down by £42 in August, however was up £22 on the same period last year

Louise Wallis, Head of NAMA commented, “Auction activity throughout September remained strong from the surge which began in August following our vote to leave the EU – showing the economy remains strong and business is still as usual.”

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 CAR AUCTION REPORT OCTOBER 2016

The National Association of Motor Auctions (NAMA) publishedof supply – thus indicating that retail demand remains buoyant.

“We look forward to seeing what the auction market has in store as we approach the Christmas season.”

ENDS

Notes for editors:The full NAMA Car Auction report is available from the RMI press office 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 CAR AUCTION REPORT NOVEMBER 2016

The National Association of Motor Auctions (NAMA) published its monthly car auction data report today for November 2016.

The report shows that overall in November:

First time conversation rates decreased by -0.9% to 79.2% - however