British Car Auctions (BCA), an auction house specialising in
commercial vehicles and passenger cars, has signed a remarketing
deal with Siemens Financial Services that will see BCA sell around
2,000 ex-lease vehicles a year, it has been announced.
As well as a national sales programme based around five auction
centres, each physical sale will be broadcast online via Live
Online, BCA’s internet bidding service.
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Vehicles up for resale will include industrial plant and
equipment, as well as HGVs, LCVs and cars.
Heavy commercials and plant will be sold from the firm’s centres
in Measham, Manchester and Glasgow.
SFS’ head of asset management, Andrew Hockenhull, commented that
BCA’s attendance to his company’s wheeled asset remarketing would
free up SFS to concentrate on “core activities”, adding that the
new programme would improve residual values, reduce holding costs
and “improve [our] overall service capability”.
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