Volkswagen Financial Services launch online car and van auctions

Volkswagen Financial Services (VWFS) UK is launching a new series of online car and van auctions, to dispose of unsold stock.

Taking place between 9am and 3pm every other Thursday, vehicles will be sold through Epyx’s 1link Disposal Network platform.

Sales will be made up of stock unsold through previous online channels and are offered with a competitive start price.

Called Last Chance to Buy, the sales will be open to all buyers registered with Epyx.

These sales will contain a wide range of Volkswagen, Audi, Seat, Skoda, Porsche and Volkswagen Commercial vehicles.

From selected prestige vehicles through to mainstream stock – the mix of models, age, mileage and conditions will offer something for everyone.

Ex-VWFS stock is on average three years old, has often been well maintained, with eligible stock offered with a valid MOT.

All vehicles are offered with a detailed cosmetic condition report available, high resolution studio images on eligible stock, and known faults or relevant sales information declared on the vehicle listings.

In addition to the competitive platform buyers fees, VWFS also offer a fixed £99 + VAT equalized rate for all deliveries within mainland UK, and delivery from £215 + VAT for Northern Ireland.

Martin Woollam, remarketing general manager at VWFS, said: “We use a wide variety of online and physical sales as part of our structured approach to remarketing and these sales are a new part of that evolving remarketing strategy. With high conversion rates for our fixed price stock this online auction is the last chance to buy these attractively priced vehicles before they are moved to a physical auction.”

Vicky Gardner, head of remarketing at epyx, added: “These new sales will be open to a potential audience of more than 2,000 dealers, so we expect interest to be very high.”