Fleet News

Foray Motor Group signs new remarketing contract

The Foray Motor Group Ltd has signed up for Manheim Remarketing’s Seller Advance service for the remarketing of its part exchange and over age stock. The 12 month contract will see the disposal of approximately 1,500 cars through Manheim Auctions, Bristol. The Salisbury-based Foray Motor Group has ten Ford dealerships located in small to medium sized market towns in the area.

Seller Advance, Manheim Auctions’ valuation and up-front payment service, has provided over £20 million in up-front payments to nearly 180 dealers since its launch in July 2009. As the importance of used cars to dealer profitability increases, Seller Advance provides an end-to-end valuation and disposal process.

Tom Croft, sales director, Foray Motor Group Ltd said: “I do like the simplicity of Seller Advance and the ability to record all vehicle appraisals. Seller Advance fits in well with our structured sales approach and involves the customer in the sales process while the consistency of the valuation system and the transparency of the whole auction process is a real bonus.”

Neil Hodson, dealer sales director, Manheim Remarketing added: “The unique Seller Advance has brought new customers to Manheim in the knowledge that the vehicle valuation process is reliable, much simplified and completely transparent while the route to auction cannot be easier. Additional benefits are the opportunity for a dealer to manage the process and to involve their retail customer.”

As well as the Seller Advance contract, the Foray Motor Group will remarket 500 vans through Manheim Auctions, Gloucester.

Click here for remarketing best practice and procurement insight

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