The deal covers the remarketing of more than 7,000 cars a year and means that Paragon now provides Volvo an end-to-end service that spans the vehicle lifecycle, from the docks to de-fleet and remarketing.

“Paragon brings a new level of flexibility to the remarketing process,” said Selwyn Cooper, head of business sales at Volvo Car UK. “Paragon offers a refreshing approach to our remarketing activity that brings innovation to the process and the flexibility to scale the programme at speed. Pulling together the management of our remarketing and de-fleet into one location makes for smarter decisions and cost savings.”