Posted on 03/11/08, filed under Other News | No Comments
The major auction houses have reported that, for the first time in several months, used car values have increased.
However, they warn that it is too early to draw any conclusions from the good news.
Manheim found that, at £6,280, the average wholesale used car selling price was 3.5% (£212) up last month compared with August.
This rise compares with a 1.7% (£103) fall in August.
However, BCA’s results were lower.
Its sales data for September showed that average monthly used car values rose, with a modest climb of £47 (1%) recorded against August.
Values averaged £4,812 over the month, compared to £4,765 in August.
Manheim also found that the fleet sector average month-on-month values rose by 4.1% (£208) compared with a fall of 2.1% (£106) in August.
While BCA’s figures show that values for fleet and lease cars rose by £71 in September compared to August.
However, September is traditionally one of the strongest months for average values and year-on-year values remained well behind 2007.
Not only did values rise, but Manheim also saw an increase in used cars being entered for sale - the first increase in volumes for five months.
Mike Pilkington, managing director, Manheim Auctions and Remarketing said: “Following the relative stability of August it is encouraging to see price rises in September.
“However, with the new car market 21% down and continued macro-economic uncertainty, it would be wrong to draw too many conclusions as to the future.”
BCA’s Tony Gannon added: “September’s average values offered some relief for vendors as prices crept up, even if only marginally.
“While it would be foolhardy to suggest this heralds a recovery for used market prices, it was a welcome change from what we have seen in recent months.”
There was also an improvement against guide values as the average performance against CAP Clean rose to nearly 92% after spending two months stabilised around the 90% mark.
Martin Keighley, HPI Valuations Expert, believes tough decisions are called for to ensure the early shoots of recovery take hold.
“Overall things are bleak, but as we approach Christmas it is hoped values will level out as the rate of fall begins to slow,” he said.
Posted on 09/10/08, filed under Our News | No Comments
This Friday, October the 10th, the Welsh Rugby League Team play the England Rugby League team in Doncaster. The game which is being used as a warm up for the England team prior to the World Cup in Australia is being show live on Sky Sports Xtra at 7:30pm.
Director Richard Jefferis said he was delighted at the exposure this would give the company, not only have 10,000 tickets been sold, but the numerous tv viewers would further enhance the awarness of 1Two1Cars.com.
For more infomation you can visit either Sky Sports or WRL web sites.
Posted on 08/10/08, filed under Our News | No Comments
Wales Rugby League, who are sponsored by 1Two1Cars.com, has agreed a significant kit and team-wear deal with international company Samurai Sportswear.
The three year deal will see the Welsh international squad wear the newly designed shirt for the first time against England in the Gillette Fusion International in Doncaster on Friday 10 October.
The shirt features the three colours that make up the Welsh flag together with black and features more green and white then previous kits.
Mark Rowley, Wales Rugby League Chairman: “This is a big step for Welsh Rugby league to be going into partnership with Samurai as they have a rapidly expanding list of partners and we are keen to work together to promote the new shirt in Wales.
“The new shirt is a unique design and we are sure it will prove popular with the Welsh public. Simon, Damian, Michelle and the team at Samurai have been great to work with and we have been extremely impressed with their expertise and professionalism.”
Simon Hodgkinson, Sales Director Samurai Sportswear: “We are delighted to be producing the new Wales international shirt. Rugby League has a strong tradition in Wales and the sport is on the up in the country with the Crusaders getting into the engage Super League and the amateur game flourishing. Our retailers have already reacted very positively to the new shirt design and we are sure it will be very popular.”
As part of the new deal all the Wales representative junior and amateur teams will all be kitted out in the Samurai Sportswear specially designed team-wear. The new shirt will be priced £44.99 and will be in shops in time for Christmas along with a wide range of Wales Rugby League merchandise.
Wales Coach John Dixon, who was appointed to the role in June, will name his 19 man squad to face England on Tuesday.
With the recent retirements of established internationals such as Iestyn Harris and Lee Briers, coach Dixon is expected to name a number of locally produced players for the game against England.
Tickets for the Gillette Fusion International between England and Wales at Doncaster’s Keepmoat Stadium start from £10 for adults and £5 for concessions. To purchase tickets, please call 0871 226 1313 or visit www.rugbyleaguetickets.co.uk
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