Aston Barclay celebrates acquisition anniversary with new records
Aston Barclay has broken two of its sales records 12 months on from being acquired in an MBO by Rutland Partners.
The group’s Westbury auction broke its record for the highest number of used cars sold in one day from a single hall, achieving a total of 426 cars on its weekly Wednesday dealer sale (13 June) from 516 entries, equating to an 83% conversion rate. The previous record was held by Prees Heath at 373 cars.
A second record was broken on the same day with 950 cars sold across the group’s five physical sites and online, 105 cars more than the group’s previous daily milestone.
These records follow an increase in used car stock levels coming into the market during May and June which show no sign of abating.
“We have seen used car volumes increase during May and June and we have worked with vendors to fine-tune their pricing which has helped to contribute to the successful dealer sale at Westbury,” explained Neil Hodson, Aston Barclay’s CEO.
“The group has seen a rise in auction volumes in the past year and our market share has grown from 5-6.5% as a result of this level of care, commitment and innovation in a digital future,” he added.