SMA Vehicle Remarketing is seeing evidence across its network that demand for commercial vehicles, from LCVs to specialist items, is now following the strong demand lead set by passenger cars.
Recent trends at SMA’s commercial auctions reveal an 89% sale conversion, followed by successive 100% conversion sales. Vendors benefitting from the demand have included Royal Mail, Activa Contracts, Lex Autolease, Alliance Healthcare and Money4yourMotors.com. The impact has led vendors to commit to further auctions. It is something that has been well received by the ‘stock hungry’ buyers.
SMA national operations director at Eddie Thomson (pictured) said: “We have seen a sustained build up of commercial buyer interest from the end of Q4 2014. It is a momentum that has continued to build to the point where in key stock areas; it would be fair to say we are short of stock.
“Buyer demand is also seeing an increase in digital activity. We have established a great reputation for the effectiveness of our digital channels in remarketing specialist commercial vehicles. Now, we are seeing increased digital activity in core commercial stock as well.”