The team at SMA has worked to increase the levels of stock available both at its network of auction centres and through its on-line auction services. The combination of innovation and service that is the hallmark of the SMA approach has seen a number of new vendors switching to SMA as their preferred remarketing supplier, with Nidd Vale Motor and Ringway motor groups the latest to start reaping the benefit of the SMA approach over recent weeks.
Increased supply has in turn increased the level of buyers both on-line and on site, the result has been record sales. The most recent auction at Leeds saw yet another 100% sales conversion of Motability stock, plus the sale of over 1200 vehicles from Leeds in one week alone, overall sales volumes and conversions are at record levels nationally.
Commenting on the positive start to the year, group managing director Bob Anderson notes; “We have all been well aware that this year availability of stock would be central to success. To this end the SMA team has been working successfully, both locally and nationally to increase our vendor customer base. Our growing network of auction centres, reputation for service, breadth of offer, including on site technical services for refurbishment work and our success in creating high quality buyer footfall have all contributed to the record results we are now delivering.
In a year when stock is likely to be in short supply, the capacity to remarket the stock effectively will be key to increasing sales volumes. The momentum of our ongoing growth reflects just how effective the ‘Team SMA’ has been at making it easy to both sell and buy”.