The used car market has remained buoyant throughout the first trading quarter across the group with it becoming normal practice for 100% sale conversion for major corporate vendors.
MD Michael Tomalin stated 'We have ramped up our presence across the group in the corporate sector with new vendors both fleet and dealer group joining our developing sales programmes in both Rockingham and Belfast. The introduction of a weekly corporate sale event has ignited interest from major FN50 listed companies and financial institutions with many achieving extraordinary results'.
David Dockerty, Commercial Recoveries Manager, Santander Consumer Finance noted 'Thank you for your hospitality and the great sale we had, to sell 100% and maintain a very healthy Cap Figure of 97.10% is a fantastic result so please pass on my thanks to all the staff for their efforts. This recent sale at Belfast reinforces our faith in City Auction Group’s ability and experience in ensuring the successful implementation of our remarketing strategy in Northern Ireland'.