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AUCTIONS Demand beats supply • News of auction trends in
4th October 1986, Page 30
4th October 1986
Page 30
Page 30, 4th October 1986
— AUCTIONS Demand beats supply • News of auction trends in
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Keywords :
Auctioneering, Auction Theory, Auction, Used Good, Gasoline, Economic Shortage, Environment, Business / Finance
Scotland comes from the Newmaines branch of the Motor Auction Group. Ian Irvine, the group's managing director in Scotland, reports that there is a shortage of heavy commercials "which is a pity because clean, lowmileage commercials are making good money at the moment."
He adds that there is a "softening" in demand for secondhand diesel cars. "Perhaps people are finding that, after all, they prefer the liveliness of the petrol engine to the economy of the diesel."
Irvine concludes that there are a lot of rather tired, highmileage cars in the auctions and a shortage of good clean ones.
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Ian Irvine