BCA has signed a long-term agreement to develop remarketing activities in Europe for the combined operations of ALD Automotive and LeasePlan.

The announcement follows ALD’s £4.1 billion (€4.8bn) acquisition of LeasePlan last month (May).   

BCA will provide the new leasing giant with remarketing services for a portion of its ex-lease vehicles in Europe, starting in seven countries - France, the Netherlands, Germany, Italy, Spain, Portugal and Norway, with the option to add further countries.

The services include vehicle inspections and the sale of used vehicles to traders through BCA's European automotive marketplace.

"We are delighted to partner with ALD Automotive LeasePlan to remarket their vehicles via BCA's European automotive marketplace," said Jean-Roch Piat, CEO at BCA Europe.

"The partnership delivers focussed buying power for ALD Automotive LeasePlan ex-lease stock and provides BCA’s professional trader customers with a diverse range of high-quality vehicles."

Guillaume de Léobardy, chief remarketing officer at ALD Automotive LeasePlan, said: “As one of the largest providers of quality used vehicles globally and in particular in continental Europe, we are pleased to be partnering up with BCA to further diversify our remarketing operations and maximise the availability of our ex-lease vehicles in the European market.”

Author: Gareth Roberts