Remote sales can offer quicker and greener remarketing, says CD Auction
CD Auction Group is expanding its remote sales programme as it highlights that offsite sales can speed up the remarketing process for fleets and dealers and provide a greener solution.
Around 20% of the company’s sale volumes are already completed off-site and it expects this figure to double in the next six months, aided by its technology.
The auction company argues that remote sales offer a greener solution rather than a network of physical auctions as the vehicle is placed in an online sale as soon as it is ready and in its most appropriate location.
One large daily rental company is defleeting its vehicles into an SMH site for refurbishment, which are then processed for sale, inspected and imaged before they are placed in a CD Auction sale; saving up to five vehicle movements.
Andy Brown, managing director of CD Auction Group – part of the SMH Group, said: “We are seeing vehicles defleeted on a Tuesday, inspected on a Wednesday and sold on Thursday. The approach has clear financial benefits to all parties and provides a flexible supply chain that can move quickly to respond to market changes.”
CD Auction has invested in its own technology platform that allows for vehicles to be inspected and sold from any location, and is working with SMH group Inspection services. It also plans to work with third-party inspect and collect services, refurbishment providers and logistics companies.
The CD Auction platform is available from all SMH Group sites across the UK to create a national network of fast-track defleet and remarketing hubs.