Dealer Auction spotlights cars with highest retail margin in October

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The Land Rover Discovery Sport and Land Rover Vary Rover Evoque continued to carry on to the highest two spots in October, with a mean retail margin of £3,720 and £3,270 respectively.

This marks the second consecutive month for Discovery Sport at primary and the fourth consecutive month for Vary Rover Evoque at quantity two, in line with Knowledge from Seller Public sale

New entry to the desk, the MINI Convertible, entered at quantity six with a mean retail margin of £2,700.

The Seller Public sale information reveals that Land Rover holds sturdy at primary with a mean retail margin of £3,320, adopted by Lexus (£2,930) and Jaguar (£2,780).

In October, luxurious manufacturers like BMW, Jeep and Mercedes-Benz remained in style and dominated 70% of the desk. This features a new entry for October, which sees Alfa Romeo within the quantity 10 spot with a mean margin of £2,190.

Seller Public sale market director Kieran TeeBoon stated: “We’re seeing a powerful majority of luxurious manufacturers within the prime 10 that provide sellers the best alternative to earn excessive revenue margins.

“Although we might usually see a recurrence within the manufacturers holding prime spots, what’s occurring additional down the desk may be extra attention-grabbing.

“The looks of Alfa Romeo reinforces the significance of getting a diversified stocklist and figuring out the makes and fashions that not solely promote nicely, however finally swimsuit the precise wants of your online business.”

Auto Dealer lately reported a surge in demand for the Ford Fiesta1, following the information that Ford is about to finish manufacturing of the enduring hatchback in June 2023. Reviewing the information on their platform, Seller Public sale verify they’ve additionally seen a soar within the quantity of Ford Fiestas offered, with a 17% improve on the earlier month and a mean revenue margin in October of £1,610.

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