Dealer Auction has reported a powerful third quarter, with £145.3 million in retail vehicle value traded through its digital platform.
The quarter’s activity generated £2.9m in trade profit for sellers, with stock moving at speed: vehicles took a mean of just three days to sell.
Marketplace director Kieran TeeBoon said the performance reflects the sector’s growing reliance on digital tools.
“It’s been a busy summer season and there’s plenty to unpack before we shift gears into Q4,” he said. “Behind the numbers lies a story of dealers increasingly embracing digital solutions to streamline transactions, maximise returns and stay ahead in a fast-moving market.”
Dealer Auction’s stock alert system continued to achieve traction, delivering 13.6m alerts in Q3 – a 138.6% rise on the previous quarter – helping buyers replenish stock quickly and enabling faster remarketing for sellers.
Auction volumes also climbed, with 45,396 auctions completing in Q3, up 11.2% on Q2, supported by 232,934 total bids.
The typical sold price dipped barely from £6,705 to £6,470 but remained above Q3 2024 levels (£6,244). CAP Clean performance edged up from 102% to 103%.
The Jaguar XF topped the CAP Clean performance rankings at 110.8%, followed by the BMW 3 Series (107%) and Vauxhall Mokka (106.2%).
Vehicles sold in Q3 were noticeably older and better mileage than within the previous quarter. Average age rose from 7.8 to eight.5 years, and mileage from 62,281 to 71,288 miles.
The Land Rover Discovery Sport once more delivered the strongest assumed gross margin at £3,950, with the Volvo XC90 (£3,744) overtaking the Range Rover Evoque (£3,431) for second place.
Looking ahead, TeeBoon said Q4 is ready to be dynamic. “As we move into the ultimate quarter of 2025, the road ahead looks anything but quiet. Stock levels, pricing and buyer behaviour proceed to evolve – and people able to adapt might be those crossing the road first.”
This Article First Appeared At www.am-online.com
