Used cars big help in industry’s recovery

BCA’s 2010 Used Car Market Report (http://www.british-car-auctions.co.uk/) shows that the industry recovered in 2009 due to improved used car values – despite new and used car volumes being at their lowest for 10 years. Used car values actually hit record levels, exceeding £34bn for the first time.

Tony Gannon, communications director for BCA, believes that “a good choice of value adds such as warranties and servicing packages have helped to sustain this crucial revenue stream in 2009”.

Source: Car Dealer Magazine (www.cardealermagazine.co.uk)

The WMS Group have a range of value added products to suit all dealerships ranging from sole traders and small independents through to the large franchises. Their portfolio includes 5 levels of Car Warranty cover for all cars, including a policy for cars of any age or mileage; motorcycle warranty cover, LCV warranty cover, HGV warranty, GAP/RTI, MOT cover, Wheel & Tyre Warranty and Breakdown Cover.