Fleet News

SMA sees record activity levels in January

Activity levels were at a record high across the entire SMA Vehicle Remarketing business in January, with the auction network and on-line services all recording strong demand.

The SMA business has seen a growing trend in both buyer and vendor activity over the last four months and it reports a strong demand for stock at the start of the year as buyers look to increase stock levels into the new year.

Managing director Bob Anderson said: “There has been a tremendous effort across the business to increase vendor activity over recent months in response to strong levels of buyer demand.

“A number of recent auctions have achieved 100% conversion levels, which clearly indicates the interest in well-prepared stock. The results of recent auctions continue to show that preparation is clearly important to both conversion levels and price with vendors using our on-site preparation facilities gaining a valuable edge that we can really measure”.
 


Click here for remarketing best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee