Tuesday, August 5, 2025

Vendor Public sale’s 5.7m alerts drive fast gross sales in Q2

Vendor Public sale has reported a surge in commerce exercise within the second quarter of 2025, as its clever inventory alert system despatched out 5.7 million notifications between April 1 and June 30 – up 78% on the earlier quarter.

The digital used automotive market stated the information highlights how its expertise helps sellers safe in-demand inventory shortly and effectively.

“Our digital expertise is speedy and dynamic, which means sellers can snap up the used automotive inventory they want proper now,” stated Kieran TeeBoon, Vendor Public sale’s market director.

“Q2’s numbers present that our inventory is receiving an awesome response from consumers. We additionally know that pace to sale is an important a part of any remarketing technique, serving to sellers get money again within the financial institution faster.”

The platform recorded 40,839 auctions in Q2, a 41% enhance on Q1. Bidding exercise additionally intensified, with 223,551 bids positioned. In the meantime, the typical days to promote stood at simply three days, reflecting the platform’s skill to match inventory to energetic consumers shortly.

Vendor Public sale reported a mean bought value of £6,705 – a ten% year-on-year rise. Though the £3.3 million in commerce revenue generated for sellers was down on Q1’s record-breaking £5.5 million, it nonetheless marked a 30% enhance in contrast with the identical interval in 2024.

Whole retail worth traded held agency at £136 million, whereas autos bought had been, on common, newer and decrease mileage than the earlier quarter. Common age dropped from 8.7 to 7.8 years, and common mileage fell to 62,281.

The platform’s CAP Clear efficiency dipped barely from 105% in Q1 to 102% in Q2, however continued to reveal robust residual values. The Mercedes-Benz E-Class topped the rankings at 102.7%, adopted by the Mini Countryman (102.2%) and the Vauxhall Mokka.

Premium SUVs continued to ship one of the best assumed retail margins, with the Land Rover Discovery Sport main at £3,914, adopted by the Vary Rover Evoque (£3,456) and Volvo XC60 (£2,752).

TeeBoon added: “If Q2 taught us something, it’s that the market waits for nobody. However with the correct instruments, the correct insights and the correct inventory, there are many alternatives to be seized. Let’s preserve the momentum rolling.”

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