Trade sales are becoming more local, reports one company. epyx is reporting that it is seeing evidence of a return to more regional-based remarketing in recent months. Usage of options in its 1link Disposal Network platform indicate that more fleets are opting to look at pricing and sales patterns on a geographical basis before deciding where to sell a … [Read more...]
Safety and service take back seats in new trend
New approaches to service and maintenance will be needed as personal contract hire increasingly makes an impact in corporate circles, says epyx. Tim Meadows, commercial director, said that typically 80% of cars on traditional corporate contract hire were leased with inclusive maintenance packages but that this fell to around 20% for PCH. He explained, … [Read more...]
Tradelines 10 October
Fleets and dealers are starting to develop a modern, online version of the traditional “motor trade knowledge” to buy and sell vehicles, reports epyx. The development is the result of increasing use of more than one online channel over the last 2-3 years, meaning that there is greater awareness of the strengths of each platform for different types and … [Read more...]
Rentals rising amid emissions confusion
Confusion among fleets about the impact of WLTP is leading to a rise in daily rental bookings, reports epyx. Activity through the company’s 1link Hire Network platform has been increasing in recent months and WLTP appears to be the key driver, the company says. Tim Meadows, commercial director at epyx, said that there had been a 17% increase in … [Read more...]
Tradelines 22 November
The Range Rover Evoque is becoming less popular with business clients of Fulton Vehicle Leasing. It reports there has been a rise in demand for the MB A-Class and Kia Sportage (above) while Ford and VW are slipping down in the mass market as well. A comprehensive vehicle history is the number one factor for trade buyers when acquiring used cars and … [Read more...]
Web-sales and auctions are changing market
New disposal routes to market are helping to maintain values as the number of used cars available continues to grow, reports epyx. The company says that online platforms such as its own 1link Disposal Network – which has seen a 65% year-on-year increase in the numbers of vehicles sold - are helping to take the pressure off traditional disposal channels … [Read more...]
Shifting sticky stock just became easier
A new programme introduced by epyx helps franchise dealers increase the chances of selling “sticky” aged and non-brand stock. When these cars approach the dealer’s stocking time limit, the epyx account management team for 1link Disposal Network adds it to the platform, meaning that it becomes available to trade buyers as well as the dealer’s retail … [Read more...]
