Q2 Insights Report
Posted 16 July 2020
Q2 2020 will go down in history as a period where CAP values were frozen, and dealers were shut down for two months by the Covid-19 pandemic.
Aston Barclay's investment in digital remarkting technologies enabled it to continue selling cars onlne for vendors throughout lockdown, while other physical remarkerting companies shut up shop.
Hundreds of buyers attended sales online, not just to buy cars, but to understand the dynamics of a fast-changing 'online only' market.
Restricted dealer part exchanges from March's new 20-plate deliveries being comproimised and fewer corporate de-fleets both contributed to record priced in Q2 across all sectors. However, Q2 finished at around 90% of pre lockdown sales and reference back to pre-Covid volumes.