ASTON Barclay Prees Heath has been rewarded with a three-year remarketing contract from Santander Consumer Finance after achieving 100 per cent conversion rates on all stock entered into the Shropshire auction during 2018.
Santander will continue to use the Prees Wednesday fleet sale as a monthly benchmark on prices and market demand for its used stock which includes voluntary terminations, repossessions and ex-PCP and PCH cars.
Stock volumes will increase during the period of the contract as Santander’s motor finance and personal leasing business continues to grow.
Shaun Deacon, head of arrears management at Santander Consumer Finance, said: ‘Our monthly sale programme at Prees has gone exceptionally well. Prees has achieved a 100 per cent conversion on our stock and the customer service levels we have received and buyer interest in our used cars has been first-class.’
Contractors are in the process of being appointed to deliver the extra 6.5 acres of land at Prees following Shropshire council’s planning approval.
The new acreage, which more than doubles the size of the site, will start to come on stream later this year.
Martin Potter, Aston Barclay’s group operations director, pictured, said: ‘We’re pleased our 100 per cent conversion rate has been recognised by Santander awarding us with a new contract. Having our 12.5-acre site becoming reality over the next 12 months comes at the right time to accommodate extra vendor volume.’