{"id":3152,"date":"2016-02-18T15:00:34","date_gmt":"2016-02-18T15:00:34","guid":{"rendered":"https:\/\/dev.lnetdev.uk\/thevra2026\/?p=3152"},"modified":"2016-02-18T15:00:34","modified_gmt":"2016-02-18T15:00:34","slug":"dealers-report-increased-footfall-forecourts","status":"publish","type":"post","link":"https:\/\/dev.lnetdev.uk\/thevra2026\/dealers-report-increased-footfall-forecourts\/","title":{"rendered":"Dealers report increased footfall on forecourts"},"content":{"rendered":"

Used car buyers returned to the market in January with 69% of the respondents saying that physical footfall improved compared to the previous month, according to research carried out by CAP.<\/p>\n

It said on-line activity was \u201ceven more encouraging\u201d, with 75% of respondents reporting improved levels of activity.<\/p>\n

\u201cFour years of strong new registrations are expected to drive unprecedented volumes of used vehicles in 2016.<\/p>\n

\u201cIn this market consumer demand will be the pivotal factor in supporting residual values over the coming months,\u201d said Black Book editor Philip Nothard,<\/p>\n

\u201cFollowing a roller coaster of a year for retained margins, those citing an improvement rose to 24%, compared to 18% in 2015.<\/p>\n

\u201cPositively, those indicating they had squeezed had fallen from 49% in January 2015, to only 30% this year,\u201d he added.<\/p>\n

Nothard said it was unclear just how much stock was yet to hit dealers\u2019 forecourts.<\/p>\n

\u201cAs we enter the new year, stock availability typically experiences an increase. However, compared to the 53% in January last year, those indicating an improvement reduced to 29%, which raises the question of how much more stock is on the horizon still to arrive,\u201d he said.<\/p>\n

Key points<\/strong><\/p>\n