The Fleet Auction Group delivered a strong result at its June auction, with 82 late-model, low-mileage motorcycles offered for sale and 72 lots successfully sold. The sale achieved an average CAP valuation of 93.8%, demonstrating robust demand from dealers.
“We’re pleased to report a near 90% conversion rate, with 113 trade buyers logging in to bid,” commented Andrew Walker, CEO of the Fleet Auction Group. “This reflects the continued appetite for quality used stock, and the growing role of digital remarketing platforms.”
Trade participation continues to rise, Walker says, because the system offers dealers a convenient and efficient way to source stock remotely. Fleet Auction Group provides collection and delivery services to support buyers and sellers.
The auction procedure and charging structure are transparent, with a fixed buyer’s fee of £285 + VAT. Inventory is sourced from major manufacturers, leasing and finance companies, and franchised dealer groups offering part exchanges and overage stock.
Walker says trade buyers are welcome to visit Fleet Auction Group’s Loughborough site to inspect stock ahead of the next sale, scheduled for 17 July. Sale catalogues are available for download from www.fleetauctiongroup.com.
For further information contact 01530 833535, or [email protected].
For the full Auction results, click on the image below:
