Belgian used car market positive
The CarOutlet of ALD Automotive has recently held the thirteenth version of its annual physical auction of ex-lease cars in Belgium. More than 60 dealers took the opportunity to see the cars on offer, and the auction proved to be successful.
ALD Automotive says that this physical (rather than on-line) auction represents a good barometer as to the state of the second hand market in the country. Particular interest was shown in petrol-driven models of around four years old, where the mileage indicated on the clock made little difference. The leasing company also points out that younger vehicles (one to two years) are in demand too, but that they are experiencing more competition from competitive pricing on the new car market.