What are early indicators saying about the 2024 used market?

Attendees to the RVR forum next month will have a unique opportunity to hear the latest valuation and remarketing insights, dive into consumers’ buying habits and discuss issues with like-minded professionals. The first Residual Value and Remarketing (RVR) Forum of 2024 will be hosted at British Car Auctions (BCA) in Perry Barr.

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Derren Martin, Director of Evaluations at cap hpi will use data from valuations at the end of 2023 to discuss the likely trends going forward. Stuart Pearson, Commercial Director at BCA, will look at what is in store for cars and vans in 2024, using January data for the latest steer.

Delegates will then hear from – and be able to put questions to – a consumer-focussed panel exploring what consumers will be buying in 2024. Karl Lord of Enterprise will chair and be joined by Malcolm Fryer of BYD, Richard Norris of Drive Green and Stuart Pearson of BCA. The panel will look at electric vehicles, what and how consumers will be buying in 2024, how consumer behaviour changing and how the economy may influence consumers this year.

The 2024 RVR calendar kicks off on Thursday 29 February at BCA. Subsequent RVR forums will take place on 13 June at GMW Ora in Solihull and 20 November (location TBC).

Attending the forums requires an annual subscription fee of £600+VAT. A limited number of spots are still available and can be secured via the Forum page. Each subscription grants a member two tickets to each forum.