Aston Barclay has agreed a remarketing contract with Vauxhall Finance to manage its end-of-contract disposals.
Beginning from May 2019, Aston Barclay will manage up to 5,000 used cars annually – which will be a mix of contract hire and PCP returns, as well as voluntary terminations and repossessions.
The firm will appraise each vehicle, taking photos and uploading them online, before selling them as part of a fortnightly fleet sale programme.
“Our contract returns require sensitive management,” said Dafydd Ryder-Owen, remarketing manager of Vauxhall Finance. “We recognise that Aston Barclay is at the forefront of revolutionising the remarketing sector, so we look forward to exploring how its range of digital solutions can help us increase bids and improve conversion rates.”
Neil Hodson, group chief executive of Aston Barclay, added: “We are pleased to welcome Vauxhall Finance to the Aston Barclay family. They have an extensive range of cars that we know from our buyer based are in demand and we look forward to playing an integral part in their remarketing strategy.”
Aston Barclay also recently renewed its remarketing contract with Robins & Day, agreeing to dispose of up to 12,000 used cars on behalf of 39 sites and 79 franchises across the UK. The age and price of its part exchange stock is on average 12 years and up to £2,700.
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Hodson noted: “Robins & Day is a very dynamic vendor partner to work with as they have embraced a joined up physical and digital approach to sell its part exchange stock, and see the benefits of an end-to-end digital solution coupled with physical fulfilment at our remarketing hubs.
“As dealers look to improve their wholesale returns and maximise their remarketing activities, these systems and processes are vital in generating new value whilst assisting in reducing environmental impact and travel costs.”