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Online auctions starting to challenge physical auctions in UK

Online sales are starting to challenge the primacy of physical auctions for fleet remarketing in the UK. All of the major auctions, which have dominated defleet sales for decades, now report significant volumes of their vehicles are being acquired by online buyers.

New technology is allowing bidders to compete in real-time for the same vehicles as buyers in auction halls. Moreover, improvements in pre-sale vehicle inspection reports, including photos and video, are giving remote buyers the confidence to purchase vehicles unseen.

 

BCA Marketplace (LON:BCA) Specialises in multi-channel auctions of second hand cars, vans and trucks from leading European vehicle vendors. We constantly offer thousands of used vehicles – all available for 24/7 viewing online.

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