G3 Vehicle Auctions has revealed plans for a new 14-acre ‘vehicle marketplace’, located off junction 32 of the M62 in Yorkshire, as part of its expansion.

The new site is said to be the largest purpose-built independent auction and refurbishment development within the last 20 years.

Construction began in March and is due to be completed in January 2021. The new facility will have the capacity to remarket 50,000 vehicles per year when fully operational, more than doubling the company’s current capacity.

Joint managing director of G3 Vehicle Auctions Matt Dale said: “It’s exciting to be able to announce this ‘good news story’ to the industry.  Whilst there has been a seismic shift to online-only auctions in reaction to the events of this year, we truly believe that a mix of digital and physical solutions will be essential to supporting the automotive trade long into the future and that’s exactly why we’re investing heavily to create a true omni-channel experience to seamlessly merge both in our ever-changing industry.

“Everything we’re building is customer-centric, so it’s been imperative to us throughout the design process that we really harness the essence of what has made our G3 auction events so popular in recent years.  The centre will be packed with technology that has genuine purpose to help us open the best remarketing, refurbishment and asset management experience anywhere in the UK.”

The company, which is independently owned and operated by Dale and Amanda Holtby, has outgrown its current four-acre site and will relocate all its staff to the new facility, as well are recruiting up to 30 new employees.

The new facility has been designed to provide optimal vehicle workflow. The pre-sale process is supported by an entirely new AI ‘drive-through’ vehicle inspection systems using 20+ cameras to inspect up to 85 vehicles per hour.

Vehicle imagery will be enhanced by new multi-turntable imaging studios, specifically designed, and lit to enhance car and LCV assets.

Onsite de-fleet and refurbishment facilities will be carried out in a new 14,000sq ft centre located adjacent to the main remarketing hub.

The site includes infrastructure for up to 250 EV fast-charge points, to support the expected demand for electric and hybrid vehicle remarketing.