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Record VRA meeting attendance shows renewed focus on remarketing

The Vehicle Remarketing Association has reported its highest-ever attendance for a meeting, which it says is a “sign of current, increased interest in remarketing”.

Used cars

The VRA said it’s seeing a renewed focus on remarketing

Almost 50 people attended last week’s member meeting, which covered the latest developments in leasing company remarketing. Key presentations included Dean Bowkett of Bowkett Consulting on high-level developments in the leasing sector, Paul Harrison of Leasing.com on issues affecting online business and personal leasing, Nigel Dann of vehicle credit management specialist Anglia UK on changing attitudes towards vehicle termination, collection and damage, and Derren Martin of CAP HPI on the latest developments in the new and used car market.

Sam Watkins, chair at the VRA, said: “There has been growing momentum behind the VRA for some time now with increased membership and a higher profile for the organisation.

“We also see this very much as a sign of the current, increased interest in remarketing generally from right across all different sectors of the motor industry.”

She added: “At a point in time when maximising value from existing assets is crucial against a backdrop of ongoing economic uncertainty, there is very much a renewed focus on remarketing.

“The VRA is able to provide a high level of support to organisations and individuals, and our regular member meetings are invaluable in delivering timely updates on industry trends.”

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.