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Volkswagen Financial Services UK launches ‘Last Chance to Buy’ online auctions

Vicky Gardner, head of remarketing at epyx

Volkswagen Financial Services UK will offer car dealers the chance to buy discounted cars and vans via a new ‘Last Chance to Buy’ online auction set up in partnership with epyx.

Partner dealers of the automotive technology solutions provider will be able to take advantage of the exclusive auction offering between 9am and 3pm every other Thursday through its 1link Disposal Network platform.

The vehicles on offer will be made up of stock from the Volkswagen, Audi, Seat, Skoda, Porsche and Volkswagen Commercial vehicles which have remained unsold from previous online channels and will be offered with “a competitive start price”, epyx said.

It added that ex-VWFS stock is on average three-years-old and has often been well maintained, with eligible stock offered with a valid MOT.

All vehicles are offered with a detailed cosmetic condition report available, high resolution studio images on eligible stock, and known faults or relevant sales information declared on the vehicle listings.

In addition to the competitive platform buyers fees, VWFS also offer a fixed £99 + VAT equalized rate for all deliveries within mainland UK, and delivery from £215 + VAT for Northern Ireland.

Martin Woollam, remarketing general manager at VWFS, said: “We use a wide variety of online and physical sales as part of our structured approach to remarketing and these sales are a new part of that evolving remarketing strategy.

“With high conversion rates for our fixed price stock this online auction is the last chance to buy these attractively priced vehicles before they are moved to a physical auction.”

Vicky Gardner, head of remarketing at epyx, added: “We have been working with VWFS on online stock remarketing for more than three years and have developed a range of different sales options for different types of stock and different dealer audiences.

“For us, it is all about helping our leasing company clients remarket stock efficiently and at the best price, while helping dealers to find the cars and vans they need.

“These new sales will be open to a potential audience of more than 2,000 dealers, so we expect interest to be very high.”

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