VWFS
Auction house BCA has carried out
its 100th sale in partnership with Volkswagen
Financial Services (VWFS), featuring 392 Audi, Bentley, Skoda
and VW cars. 300 were sold on the day for an average price of
£10,040 at 98 per cent of CAP Clean, raising turnover in excess of
£3m.
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VWFS has been selling cars in conjunction with BCA for some
eight years now, and BCA said that over 30,000 vehicles have been
sold through the joint programme to date, raising over £255m.
The VWFS Centenary Sale was the largest such sale to date, and
was heavily promoted by BCA before the event. For the first time,
BCA’s Live Online system was used for the VWFS sale, allowing
potential buyers to bid via the web. Head of operations services at
VWFS, Colin Barlow credited Live Online with adding “several
thousand pounds to the bottom line”, calling the result
“outstanding”.
Motor Finance Issue: 41 – March 08
Published for the web: March 27 08 16:48
Last Updated: March 28 08 17:34
