Scottish firm TOM has launched TOMbuyanyvan which allows customers to cash in unwanted vehicles.
James Rafferty, who is heading up the venture, said that TOMbuyanyvan is interested in all makes of van, truck or car and there are no restrictions on age, make or model. Entire fleets and even ‘non-runners’ will be purchased.
Rafferty added that if a company wishes to sell its entire fleet of aging vehicles and free up capital, TOM will offer to hire new replacements and take responsibility for managing the whole process, saving the customer time and money.
The service is available at the TOM headquarters in Airdrie and at its other sites in Ayr, Aberdeen and Broxburn and, from early next year, at the company’s new site in the Inverness region, as well as online.
TOM already specialises in vehicle rental, fleet management, commercial vehicle body manufacture, MOT testing, sales, servicing and repair.
It achieved a 41.1% rise in pre-tax profit earlier this year as turnover rose from £27.3million to £38.4m.
Its clients include most Scottish local authorities, the National Health Service and Scottish Water. It has a fleet of more than 5,000 vehicles and employs around 350 people.
In September it confirmed it had acquired the commercial vehicle division of John R Weir in a £3m deal allowing it to expand into the north-east through the opening of a depot in Aberdeen.
Further expansion plans are also expected to be announced next year.