Why the used car lot can drive profits

Declining new car sales appear to be offset by a rising used car market where values are holding strong, the average drop across all sectors in October was just 0.6 percent.
That figures marks the strongest October cap hpi has recorded, which includes 2009, when recovery from recession was underway.

Marshall Motors (LON:MMH) principal activities are the sale and repair of new and used vehicles. The Group’s businesses comprise a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

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Marshall Motor Holdings

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