SMA Remarketing recorded record results in January from each of its auction centres.
SMA managing director Bob Anderson said the auction performance was matched by the group digital remarketing operation.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
SMA’s buyer feedback indicates that dealers are looking to increase stock levels. Buying trends indicate a desire for fast turnaround stock, pre-prepared and ready to retail.
According to SMA, interest in the small and medium size segments is particularly strong with even premium and luxury vehicles also seeing more interest.
Falling pump prices and increasing levels of consumer disposable income are felt to be behind this growth.
Anderson said: "Attending many of our auctions during January and speaking first hand to dealers it is clear that there is heightened activity and a more positive feeling. However, the market remains very tight and as such buyers are being circumspect; they want stock they can retail quickly, with minimal preparation cost. Having shared this insight with our vendors, many are investing in pre-sale preparation."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataSMA said its outlook was cautiously optimistic for the future.
