VOLKSWAGEN Financial Services is launching a new series of online car and van auctions for dealers.
Taking place 9am-3pm every other Thursday through epyx’s 1link Disposal Network platform, sales will be made up of stock unsold through previous online channels and are offered with a competitive start price.
Called “Last Chance to Buy” sales, they will be unique among VWFS online sales in being open to all buyers registered with epyx.
With the diversity of brands within the VW Group, these sales will contain a wide range of VW, Audi, SEAT, SKODA, Porsche and VW Commercial vehicles.
VWFS stock is on average three years old, has often been well maintained, with eligible stock offered with a valid MOT.
All vehicles are offered with a detailed cosmetic condition report available, high resolution studio images on eligible stock, and known faults or relevant sales information declared on the vehicle listings.
In addition to the competitive platform buyers fees, VWFS also offer a fixed £99 + VAT equalised rate for all deliveries within mainland UK, and delivery from £215 + VAT for Northern Ireland.
Martin Woollam, Remarketing General Manager at VWFS, said: “We use a wide variety of online and physical sales as part of our structured approach to remarketing and these sales are a new part of that evolving remarketing strategy. With high conversion rates for our fixed price stock this online auction is the last chance to buy these attractively priced vehicles before they are moved to a physical auction.”
Vicky Gardner, Head of Remarketing at epyx, added: “We have been working with VWFS on online stock remarketing for more than three years and have developed a range of different sales options for different types of stock and different dealer audiences.
“For us, it is all about helping our leasing company clients remarket stock efficiently and at the best price, while helping dealers to find the cars and vans they need.
“These new sales will be open to a potential audience of more than 2,000 dealers, so we expect interest to be very high.”