Used car website claims success

A used-car trading company claims its website has built up a strong online presence just one month after launching.

UK Car Exchange says its system for finding used cars has become popular with users, and that it already has more than 1,000 vehicles in stock.

Managing director Tony Hinkley said: "In a very short period of time, our unique price drop mechanism has demonstrated that it gives used car buyers the chance to pick up the right cars at the right price.

"Our registered sellers are enjoying faster stock turnover, thanks to the daily price drops, as well as benefiting from the chance to not only advertise cars but also to sell them through the site."

Mr Hinkley said he expected to continue attracting more hits as buyers became aware of its prices.

"The launch of the platform has been timely, in light of the difficulties many in the motor trade are facing in their efforts to locate good quality used cars," he said.

"We expect our sellers to see particularly quick sales over the coming weeks, as buyers turn to UK Car Exchange for retail-ready stock at very competitive prices."

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