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Winners and losers

16th August 1990, Page 46
16th August 1990
Page 46
Page 46, 16th August 1990 — Winners and losers
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Which of the following most accurately describes the problem?

• A fall in the number of vehicles coming up for auction from major haulage fleets has been offset by an increase in throughput from finance houses and leasing companies, according to Alastair MacDiarmid, commercial vehicle sales manager at National Car Auctions.

"It is a sad reflection on the current economic climate that heavy commercial volume has increased because of finance houses and leasing companys' early terminations. Recent entries include several premium tractors on F and G plates, and we are also seeing increased numbers of vehicles from dealers who have been unable to move stocks under their traditional trading pattern."

But all is not doom and gloom, says MacDiarmid, because some of these vehicles have sold at prices well in