Two fifths of motor traders buy stock outside work hours

Two fifths of cars that are bought by trade buyers are purchased outside of the regular working hours, new research has found.

According to the latest figures released by online car auction site Car Direct, 40 per cent of the initial bids made on cars by dealers and garage owners came at some time after 5pm in the evening and before 8am in the morning. It demonstrates that in today's constantly connected world, businesses, and particularly small independent traders, can never really 'clock off'.

A garage owner, mechanic or car dealer may wish to shop for their motor trade insurance policy out of hours, for example, which is why ChoiceQuote enables them to obtain an online road risks insurance quote or full combined motor trade insurance quote at any time of the day. This allows the trader to hunt for the best business insurance policy at a time and place convenient to them.

Indeed, according to statistics from Ofcom, more than 90 per cent of adults in the UK now own a mobile phone – the majority of which are smartphones – and the typical smartphone user will reportedly have woken up and already checked their emails by 7.30am, Car Dealer Magazine stated.

For motor traders, keeping an eye out for new stock is extremely important, with in-demand vehicles being snapped up in a hurry, so bidding online outside of work hours is evidently one way they feel they can steal a march on competitors.