Fleet News

Dealers show growing appetite for electric vehicles

Dealers have shown a growing appetite for electric vehicles after an EV and hybrid only sale outperformed expectations, with high demand and prices achieved, reports BCA.

Following a successful trial, the regular specialist sale for EV and hybrid vehicles will take place on BCA’s e-Auction platform on the first Thursday of every month at 2:30 pm.

Early results for some of the UK’s largest fleet operators and manufacturers have shown strong demand, with vehicles achieving over 102% of CAP Clean. The e-Auction allows vehicles to be sold from a variety of locations, offering buyers the widest range of stock.

Commenting on the results Max Brough, e-Auction manager said: “A focused approach to the sale of electric and hybrid vehicles has delivered some strong results.

“They are open to anyone with a live online login, and all bidding is done remotely. The prices achieved are a testament to the quality of the vendors and growing popularity of our online platforms.”

The sales have seen a range of stock from Nissan Leaf and Renault Zoe to Toyota Prius and Mitsubishi PHEV, Mercedes E300 Hybrid and BMW i3.

BCA recently reported record activity on its Live Online platform average monthly penetration of  27% and more than 1,000 active bidders participating. During peak times BCA has seen 1,000 bids placed through the system in a five minute period.

The growth of digital sales is supported by an on-going expansion and investment in the infrastructure of BCA’s physical auction network.

 


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