THE HAMMER’S come down on a successful used car auction house after more than 30 years in business.
Arrow Motor Auctions, located in Redditch, Worcestershire, first opened in 1994.
But it closed its doors for good last week in a move that has surprised locals and those in the motor trade.
According to Car Dealer Magazine, Arrow Motor Auctions made its last sale on January 22, while the site remained open until its final day on Friday, January 31, for administrative purposes.
In that period, their final deals were completed and the last of their unsold cars were collected.
Now, the business has completely ceased trading.
Arrow Motor Auctions said: “After over 30 years of continuous trading, Arrow Motor Auctions will close its doors on January 31, 2025.
“The offices will remain open until January 31, 2025, to allow customers and clients to conclude all sales and transactions and to collect any unsold vehicles from the site.
“We would like to take this opportunity to thank both our customers and clients for their loyal support over the last three decades.”
Furthermore, a message on their website simply reads: “Arrow Motor Auctions is now closed for business.
“We would like to thank all of our past customers for their support.”
The auction house sold up to 200 vehicles each week from main agents, retail part exchanges, trade and private entries.
For more than three decades, their primary aim was to provide local vehicle re-marketing for trade and private clients.
Their client base included main agent dealerships, vehicle retailers, motor traders, local councils, finance companies, liquidators, insolvency practitioners, bailiff companies and private entrants.
They offered a wide selection of cars and other vehicles, with new stock arriving daily.
The Bromsgrove Advertiser, a local news outlet, revealed speculation is rife on social media regarding the closure, with the reasoning yet to be stated.
At this time, it is unclear whether it is a permanent closure or whether the business will reopen at another site.
Arrow Motor Auctions wasn’t the only car-related business to close on Friday.
Highly-renowned car dealership Allen Ford in Rugby, Warwickshire, also permanently closed its sales and service operations on January 31.
The announcement has sparked confusion, as it remains unclear whether this closure is linked to Ford’s wider plans to axe 50 dealerships across the UK by 2025.
Elsewhere, Britain’s slowest-selling used cars in 2024 have been revealed – with one Hyundai model often taking over 100 days to get snapped up on dealership forecourts.
Newly released data from Auto Trader found that both BMW and Lexus are slow burners on the second-hand car market.
The wooden spoon award was scooped by the Hyundai Ioniq 6, which took an average of 125 days to sell last year.
The luxury Lexus RX comes in second place, taking 114 days to be picked up by a buyer.
In January so far, the slowest-selling car is the Honda CR-V, which takes 62 days to sell.
However, the used car market thrived in 2025, with second-hand motors selling at the fastest pace since records began in 2019.