BCA Marketplace has agreed a five-year remarketing contract with BMW UK which includes its leasing business, Alphabet.
Over the next five years, BCA will solely defleet, refurbish, inventory manage and remarket (both physically and digitally) vehicles on behalf of BMW UK, including 90% volume for Alphabet. It makes it the single biggest remarketing contract BCA has signed in its history.
BCA’s chief commercial officer Craig Purvey said: “BCA is on the record as stating our strategy is to integrate along the automotive value chain, focussing on developing extended, unified solutions: increasing volumes, creating value added services and improving efficiencies.
"This significant deal with BMW Group underlines that BCA is creating the most efficient, sustainable and profitable vehicle exchange with the capacity to meet the growing needs of the motor industry.”
BMW UK has also agreed a five-year deal for BCA Fleet Solutions to be the sole de-fleet and refurbishment partner, with BCA constructing a new dedicated BMW defleet centre that will handle all its storage and refurbishment needs.
BCA Logistics has also been awarded a seven-year deal as inspect and collect provider to BMW and Alphabet.
BMW UK’s remarketing operations manager Stewart Hodges said: “The BCA business model is unique in its breadth of services across the supply chain and this provides a compelling customer service offering and creates efficiencies through synergies across all divisions.
"For BMW, the opportunity to partner with BCA across a range of remarketing, logistics, preparation and inventory management services will bring economies of scale and generate real value”.