British Car Auctions (BCA) has announced a new outsourced remarketing deal with PSA UK. The contract covers the sale of PSA’s used vehicle inventory for the Peugeot, Citroën and DS brands across a variety of remarketing channels and suppliers.
Mark Spray, Head of Used Vehicle Operations at PSA UK commented: “BCA offered an innovative and joined-up approach to our used vehicle remarketing needs across all fronts. It delivered a robust plan to meet our objectives of increasing engagement with our dealer networks, while improving used market strategy and operational decision making to ensure optimum residual value performance across our range.”
The new deal builds upon BCA’s existing agreement (set up in early 2016) to handle the disposal of 50% of PSA UK’s contract hire and PCP returns through auction.
Craig Purvey, BCA’s Chief Operating Officer commented “This is a significant partnership deal that will see BCA supporting the remarketing strategy for PSA across all markets and suppliers. BCA is ideally positioned to deliver a high quality solution that will meet PSA UK’s aspirations to improve sales volumes and values through greater franchised and independent network engagement.”