FLAG Sales director, Guy Pearce said: 'Honda has retained Flag as a solus partner since 2009, and has seen a 100% conversion at every sale. For the coming twelve months Honda UK again has a full programme with FLAG, consisting of six physical Closed Auctions and three Virtual off-site auctions.'

'SEAT UK has had a solus agreement with FLAG since the start of 2010, holding monthly closed auctions for around 140 vehicles per sale. For 2012 SEAT UK again have a Closed Auction scheduled for very month. One of our remits was to increase buyer attendance at sales and to encourage more bidding via our online facility. Both of which we have achieved with significant results in both areas,' he added.

Richard Battams-Scott, Remarketing manager at Honda (UK), commented: 'We also use FLAG for our Midland's area "de-fleet and inspections process", which will also continue for 2012.'