CD Auction Group has been awarded a contract to be a key remarketing partner for Essential Fleet Services.
Essential Fleet Services are specialists in contract hire, fleet management, rental solutions and outsourced maintenance to local authorities and a range of corporate organisations primarily in the utilities, highways, rail and waste industries.
Sales volumes at the online auction have doubled in the last 24 months and growth in LCV sales has been particularly strong; LCVs accounted for around 45% of the vehicles remarketed by CD Auction Group in 2016.
Paul Shelton, head of remarketing for Essential Fleet Services, said: “As part of our core service provision of specialist vehicle funding, maintenance and rental solutions, we offer our customers ‘stress-free’ fleet management and a dedicated remarketing team to maximise value when vehicles are coming off contract.
“Having reviewed the market it was clear that CD Auction Group are in a fantastic position to deliver a high quality service to our business and our customers, supporting the continuing growth ambitions of Essential Fleet Services. They offer a personal service with considerable experience of selling specialist vehicles and they have grown a strong buyer base for our LCVs.”
Andy Brown, managing director of CD Auction Group, said: “Essential Fleet Services joins a growing band of fleet industry vendors who recognise that genuine online auctions are the most efficient and cost effective way to manage their vehicle remarketing.
“Despite our recent growth, we remain totally focussed on the customer. We are a small team; able to offer a very personal, but hi-tech solution to vehicle remarketing, in-life vehicle management and logistics. Our online systems, we believe, are the best in the business and the future for our industry.”