BCA Partner Finance has launched exclusive weekly sales for its customers at BCA Wolverhampton and BCA Manchester.
The sales feature "a wide range of stock" and are exclusive to Partner Finance customers.
BCA Partner Finance’s managing director Malcolm Thompson said: “We want to build a community for our Partner Finance customers.
“We have already put in place a national network of advisors to provide support in our auctions. These exclusive sales bring more benefit and create opportunities for buyers to come together.”
The sales have attracted support from the Partner Finance customer base and, over the last six weeks, sales in Wolverhampton have typically sold 98% of entries the first time they are offered for sale and exceeded price guide expectations.
Thompson said: “Needless to say our vendors are extremely pleased with these results.
“On the back of this success, we will be looking to roll out additional sales, specifically for Partner Finance customers, across other auction centres in the UK.”
BCA Partner Finance helps independent car and LCV dealers secure incremental funding to allow them to expand their retail operations. It was launched as a product specifically designed for the UK remarketing sector.
Funding is available for the whole auction purchase, including fees and VAT where applicable and interest is charged at a competitive flat rate - equivalent on average to around £2 a day – with both cars and LCV funded using the scheme.