City Auction Group has reported that its inaugural auction at Rockingham was a huge success, with over 100 franchised and independent dealers in attendance.
The auction took place on February 5 and achieved a total vehicle sales of £3,000,000.
80% of vehicles achieved in excess of 97% of CAP, while 20% of vehicles achieved over 94% of CAP.
80% of vehicles were purchased by dealers in attendance, while 20% were purchased via the firm’s IOS/Android live bid smartphone app.
General sales manager at Ballyrobert Vauxhall Brett Paterson said: “We were very impressed with City Auction Group’s first auction at Rockingham. It is a great central location and the facilities are superb.
“There was an excellent range of quality stock for sale and the highly detailed information available on each vehicle was very useful.”
The next auction event is on March 5 at 10am.