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8.
May
2014.
NEWS Motor traders earning more money for ELVs with online auction
Hello there,

I'm emailing from Bridge PR & Media Services, we help out vehicle recycling specialist Remove My Car and I'm getting in touch to let you know of a release that might be of interest to you.

Since its launch 2 months ago motor traders using Remove My Car's innovative online auction to dispose of their ELVs have on average received 14% more, which is around £20, than if they’d accepted Remove My Car’s instant quote. This is obviously great news for motor traders because over the course of a year that additional £20 for each ELV will really stack up.

Audis have an impressive fetched 30% more while traders selling BMWs received 26% more.

I’ve attached the release and an infographic, I do hope you can feature it somewhere on Car Dealer for us. If you’ve got any questions please don’t hesitate to get in touch, you can get me on 024 76 520 025.

Many thanks,

Andrew


PRESS RELEASE

Release date: April 2014

Motor traders earning more money for ELVs with online auction

An online auction launched by vehicle recycling specialist Remove My Car has seen garages receive more money for their unsalvageable end-of-life-vehicles (ELVs).

Exclusive figures released by the recycling expert show that on average its auction system, which has now been running for six weeks, offers motor traders fourteen per cent more than they would normally receive by accepting an instant online quote. To put this into perspective, a garage offered £128 in an instant online quote will fetch around £146 if they take their ELV to auction.

Motor traders are given no limit to the amount of ELVs they can put up for auction, in which Remove My Car’s network of trusted Authorised Treatment Facilities (ATFs) bid in real time. This all comes after traders are given an original quote from the recycling specialist, which they’re free to go back and accept if the auction doesn’t result in a higher bid. The system is the first of its kind in the industry and is available for use by both motor traders and motorists alike.

Figures from Remove My Car also show how successful the auction has been for specific makes of cars in its first six weeks of operation. Audis that go through the auction have received, on average, a staggering thirty per cent more than the figure offered in the instant quote. This means that traders quoted £134 for their ELV are fetching around £176 when they choose to go to auction instead. Similarly, traders who have sent BMWs through the auction have received twenty six per cent more than the average quote.

Steve Queen, Managing Director of Remove My Car, is delighted to see the auction already performing incredibly well for the garage industry.

Our main aim for the online auction system has always been for it to result in motor traders receiving a higher and fairer amount for their ELVs,” he said.

It’s only been operating for a short time but already the figures are remarkable, with motor traders getting on average fourteen per cent more for unsalvageable vehicles, and that will soon mount up as garages recycle more and more vehicles. ELVs are often a nuisance for garages, taking up valuable space and time but our auction offers a hassle free, convenient way to dispose of them, and can earn the garage more money than other disposal methods.

It’s only been operating for a short time but already the figures are remarkable, with motorists getting on average fourteen per cent more for unsalvageable vehicles.

“Perhaps the best thing about the auction is that it’s both free and risk free for motor traders. Its simplicity and the various benefits it brings mean that we’ve had some asking us if there’s a catch, but we’re just dedicated to providing a service that puts the customer first.”

Remove My Car recently utilised its auction’s effectiveness for itself when it submitted two Volvos it supplied to the Trust My Garage Charity Drive, which raised funds for automotive charity BEN. The two Volvos both received £21 more than the original quote, and all of the proceeds will go to the charity.

-ENDS-

 

About Remove My Car

Remove My Car is a nationwide vehicle removal specialist working with an extensive network of registered ATFs. The company was set up to make the process of selling a car for scrap as easy and hassle free as possible. Quotes are provided based on the weight of a car, rather than the size of a car which is the more common measurement. This ensures an accurate and fair quote every time for everyone.

Friendly, honest, experienced and professional, Remove My Car has quickly become one of the UK’s leading scrap car buyers.

For further information, please contact:-

John Edden, Bridge PR & Media Services on 024 76 520025, or e-mail john@bridgepr.co.uk