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 REPORT MARCH 2015

The National Association of Motor Auctions (NAMA) published its monthly market report today for March.

The report shows that during March the average month-on-month value of used cars sold at auction across the board decreased -5.7% from £5,567 to £5,251.

Sales volumes were up by 19.1% in comparisonto the February 2015 figures. This is not unexpected as stock levels increased at the auction centres in line with the March market and plate change generating part exchange vehicles and end of contract vehicles.

The percentage of vehicles sold first time during March 2015 remained static at 84% compared to February 2015, but was down by 2% on the equivalent period in 2014 at 86%, although the numbers sold were greater than 2014 figure.

The price premium for vehicles sold first time remained static at £350 and the average days on site decreased to 6.8 days.

Average sale prices other than late low have increased as the used retail market has remained buoyant throughout March 2015.

Paul Hill, NAMA Chairman Comments, “March 2015 has been a spectacular month for the new