Intertechnic launches online auctions to boost fleet used car market

Focused on generating increased returns for end of fleet vehicles and creating an alternative source of stock for used car dealers, refurbishment, logistics and remarketing specialist, Intertechnic has added an online auction business.

The new website has been developed in partnership with online auction business Bluecycle, a wholly owned subsidiary of Aviva, which pioneered its online auction model in 2000.

Offering a range of ex-fleet used vehicles, which are ‘HPI clear’, units are prepared for auction by Intertechnic. The company, which also offers an in-house refurbishment and PDI service, moves over 4,500 vehicles per month to dealers on the UK mainland.

With over 20,000 man hours of technical development invested in the new website, which supports all the major internet browsers, Intertechnic’s round-the-clock auctions will also aim to ensure that depreciation is minimised, enabling the potential for increased returns for fleet sellers.

Auction users benefit from unique ‘push bidding’ technology, developed by Bluecycle, so that bids are placed in real time without users having to refresh the page. Additional features include the ability for registered buyers to bid from several pages at once.

Steve Mennell, managing director, Intertechnic, said: “With dealers under increasing pressure, our new internet auctions will enable them to save time and reduce costs by sourcing quality ex-fleet vehicles online, thanks to our new partnership with Bluecycle. Offering peace of mind that all stock is HPI clear and well maintained, for added convenience, we will deliver cars straight to showrooms anywhere on the UK mainland.”

Guy Spence, managing director, Bluecycle, said: “Through the development of our own proven web architecture, we are in a position to add value to businesses across the automotive sector and beyond which are looking to harness the power of online auctions. Bluecycle’s work with Intertechnic promises to be an exciting opportunity in support of the fleet and used car markets.”