Fleet News

Aston Barclay Prees Heath doubles in size due to Santander remarketing deal

Aston Barclay Martin Potter 2018

Prees Heath has signed a three-year remarketing contract from Santander Consumer Finance, nearly doubling the site’s size.

Contractors are in the process of being appointed to deliver the extra 6.5-acres of land at Prees, following Shropshire Council’s planning approval.

Aston Barclay’s group operations director Martin Potter (pictured) said: “We’re pleased our 100% conversion rate has been recognised by Santander awarding us with a new contract. Having our 12.5-acre site becoming reality over the next 12 months comes at the right time to accommodate extra vendor volume.”

Santander will continue to use the Prees Wednesday fleet sale to benchmark prices and market demand for its used stock.

Stock volumes will increase during the contract as Santander’s motor finance and personal leasing business continues to grow.

Santander Consumer Finance’s head of arrears management Shaun Deacon said: “Our monthly sale programme at Prees has gone exceptionally well.

"Prees has achieved a 100% conversion on our stock and the customer service levels we have received and buyer interest in our used cars has been first class.”


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.

Related content

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