A retail return is a used vehicle that didn't sell on the forecourt within the dealer's target holding period and is being moved back into trade — typically at 60 to 120 days old.
Every used-car operation has a maximum holding period (often 45, 60, or 90 days depending on stock-turn targets). Stock that exceeds that age starts costing money: interest on funding, depreciation, forecourt space, and opportunity cost. Rather than continue cutting the retail price, dealers push that stock back into trade — wholesale, auction, or a direct-to-trade sale — to recover capital and replace with fresh stock.
Traditional routes are block disposals to large wholesalers, auction entries (Manheim, BCA, Dealer Auction), or direct calls to known trade buyers. Marketplace platforms like Lotify shorten the cycle — a dealer can post the retail-return stock direct to verified buyers the same day it's flagged, often clearing it before it would even make the next auction sale.
Trade Price
Trade price is the price a vehicle changes hands at between two dealers — significantly below retail, without VAT on the margin (when sold Margin Scheme) and without retail preparation or warranty built in.
Part-Exchange (PX)
A part-exchange is when a customer trades their existing vehicle in against the purchase of another, with the dealer giving an allowance for the PX that reduces the amount payable on the new car.
Wanted Card
A wanted card is a Lotify listing posted by a dealer to describe a vehicle they're looking for — make, model, year range, price range, condition — which other verified dealers can then respond to with matching stock.
Source and sell stock with verified UK dealers. 90-day free trial, no card required.