City Auction Group is holding its inaugural auction event at Rockingham Speedway, Northamptonshire, on Thursday morning.
It will be offering more than 450 corporate vehicles from 25 corporate vendors featuring dedicated sections from Lex Autolease, Semalease, Peugeot & Citroen Financial Services, Avis and Budget.
The physical auction will be supported by an IOS/Android live bid and auction app for smart phones and tablet devices. A dedicated soft seated live bid lounge is being introduced as another new initiative for the group.
Dealers who buy seven cars at the auction event will qualify for a timed lap, through the skid pad and round the track.
The dealer with the fastest lap time will be awarded the Super 7 Rockingham Trophy. Attending dealers will also be entered into a prize draw to win a 50-inch plasma TV at the end of the sale.
Full listings for the auction can be viewed at cityauctiongroup.com.