Auction and remarketing supplier Aston Barclay has announced the launch of e-Xchange, an online used vehicle trading platform.
The service is designed to enable vendors to sell their unwanted or duplicate used stock around the clock. Vendors have a choice between List Only, where the transaction is concluded between them and the buyer; or List and Collect, where vehicles advertised are collected and held at an Aston Barclay centre. Unsold vehicles automatically fall into pre-agreed physical or e-Live sales.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
A number of vendors have already signed up to e-Xchange, including north western-based dealer group Lindop Toyota, Essex-based Quest Motor Group, west midlands-based group Greenhous and Imperial Commercials. Daimler and The Car Buying Group are also using the service for their ex-lease vehicles.
Daren Wiseman, digital strategy director at Aston Barclay, commented: “During testing we have had very positive feedback, particularly from vendors who have a variety of used stock coming to the market weekly, but aren’t sure which disposal channel works for each vehicle to deliver a swift sale.
“e-Xchange works as part of our Cascade omnichannel approach to find the most appropriate disposal channel for each vehicle, while still working within the vendor’s remarketing parameters.”
In a recent interview with Motor Finance, chief executive Neil Hodson spoke about the momentous changes taking place at Aston Barclay, including the implementation of it Cascade digital software.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“Cascade starts with helping a customer – whether it is a consumer, a dealer or a driver,” said Hodson. “It’s very much app-driven on mobile, and it takes you through a process to appraise and to value a car. That data is pushed into a digital dashboard where a customer can look at the different channels available. Customers can put cars on a buy-now facility, some on a dealer-exchange facility, or through a physical auction.”
