Fleet News

100% conversion rates for Peugeot and BMW at BCA

PEUGEOT and BMW were both claiming 'outstanding' success after staging auctions at BCA Blackbushe. At Peugeot's first Lion Used Car closed sale of the year the company saw a record number of buyers registered - 90 dealers - as the manufacturer sold all 300 cars.

Bidding realised an average of 103% of CAP 'clean', raising almost £2.5 million. Cars on offer from the manufacturer included the full car range alongside the Partner, Expert and Boxer light commercials.

Strong sellers during the day included a 00V 106, with 12,000 miles that sold for £5,800, or 113.1% of CAP 'clean', a 97R 106 1.5 XAD van with 27,000 miles that made £3,200 (129.2%), a 98S 206 1.4 LX 3dr, with 15,000 on the clock that sold for £7,050 (120.0%), a 99V 206 1.4 GLX 5dr with 7,000 miles, which made £8,900 (110.2%) and a 00V 306 1.6 LX estate, with 12,000 miles that sold for £9,600 (119.6%).

Other prices achieved were: 99V 306 2.0 Meridian D estate, 25,000 miles, sold for £9,600, (120.0%), 00V 406 2.0 LX D estate, 11,000 miles, sold for £12,000 (113.7%); 99V 406 2.0 L HDI, 25,000 miles, sold for £8,000 (106.6%); 00W 806 2.0 seven-seat GTX estate, 7,000 miles, sold for £14,700 (111.3%).

Meanwhile, BMW (GB) and BMW Financial Services Group sold all 140 cars, achieving an average of 113% of CAP 'clean' during a recent sale. The event featured the auction debut of the X5, BMW's recently launched sports activity vehicle. Seven X-plated examples of the X5 models were offered and sold for an average of £47,120, equivalent to 93% of current list price.

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