We are delighted to report that the opening corporate sale event introducing the dual lane auction halls at our refurbished Rockingham centre was a great success with over £2.75 million of end of term contract and lease vehicles being sold for major FN50 listed vendors both in the hall and live online with vehicles being purchased nationwide across the UK and Ireland.
MD Michael Tomalin stated ‘The launch event has been a major success and a first for the City Auction Group as we introduce dual lanes at Rockingham. The atmosphere in the auction halls at the inaugural corporate fleet and LCV auction was electric and massively different to the traditional single lane sale events. We offered 450 vehicles at the launch in three hours with over 80% conversion at an average sale value of £7,513. With the recent purchase of the complete Rockingham facility by our business partner we have introduced state of the art vehicle preparation bays for the inspection, valet, imagery and tactical refurbishment of vehicles to provide our corporate clients with a world class service. We have huge aspirations at Rockingham to defleet and remarketing over 100,000 vehicles per annum by 2022 and with over 250 acres of prime commercial coverage we believe Rockingham will become a major automotive defleet and logistics hub’.
The next corporate sale event at Rockingham takes place on Tuesday 29th January 2019 with commitment already agreed throughout Q1 by all the major vehicle suppliers.