The Vehicle Remarketing Association (VRA) has launched the first of its new remarketing training courses.

It is the first step in the VRA’s strategy of developing the skills of those already involved in remarketing and attracting new talent to this important sector of the motor industry.

‘An Introduction to Remarketing’ is relevant to junior to middle management levels and will also be highly useful for other management colleagues new to remarketing. The full day course will cover the used vehicle life cycle, the supply chain, remarketing channel options, seller and buyer dynamics, the role of the price guides and a brief look at current and future remarketing technologies.

The first phase has just been announced for October and November, offering five courses throughout the UK with a maximum of just 14 attendees per course. The cost for VRA member’s staff is £199 (plus VAT) per course, with non-members also able to attend for £249, which includes all course material, refreshments and lunch.

John Davies VRA chairman said: “We announced our intention to develop these important courses at our January Conference and I am really pleased we have achieved our aim of launching them in the last quarter of 2011. The course content, even at the introductory level, is very comprehensive and has been designed by the remarketing industry for the remarketing industry, so we are expecting a very high take-up.

“This type of training is the first of its kind in Europe and we believe will play a very important role in ensuring the remarketing industry achieves the high standards of professionalism that we all aspire to,” he added.

The VRA has also announced that it is currently developing a two-day remarketing course, aimed at middle to senior management, which will be ready for launch in early 2012.