Autotrade-mail warns that fleet, leasing and contract hire operators who only use auctions to dispose of their vehicles may be compromising the values achieved.
Autotrade-mail believes that if an ex-fleet car is offered to the much wider audience provided by a used car trading network the demand for that vehicle and likely wholesale value can be determined, and a potential buyer identified, before the vehicle is even taken off the road. This will save both time and money.
Kevin Watson, operations director at Autotrade-mail said: “By limiting the disposal of an ex-fleet car to an auction an operator may be compromising the value of that vehicle. Buyer attendance numbers at auction, both physical and online, rarely exceed 500 while Autotrade-mail, for example has over 5,000 franchised and independent dealers looking for stock on a daily basis. Using complementary remarketing channels will provide a much larger buyer audience to help maximise the value of the ex-fleet vehicle.”