CD Auction group secures PSA Finance as vehicle remarketing partner

CD Auction Group is confident it will see faster financial returns after securing PSA Finance UK as a vehicle remarketing partner.

PSA Finance is the latest fleet finance company to choose CD Auction group as a vehicle remarketing partner. The focus will be on remarketing light commercial vehicles (LCVs) at the newly opened Earlstree Road-based centre in Corby. The new premises can accept vehicles on a 24/7 basis with LCV inspection, valeting and photography facilities.

David Macklin, remarketing and collections control specialist for PSA Finance UK, said: “We have been very impressed by the new facilities and our initial trials suggest we will get better, faster financial returns on these vehicles by remarketing through CD Auction Group.”

CD Auction Group sales will take place on a monthly basis and will become stand-alone as volumes grow.
 
Andy Brown (pictured), managing director, CD Auction Group, said: “This is a significant business win for CD Auction Group. It’s a great vote of confidence in our new, dedicated commercial vehicle centre.
 
“These are all early surrender vehicles and our specialist LCV team is able to offer PSA Finance the personal service required to ensure they achieve maximum value in the marketplace. It is this combination of hi-tech online auction and good old-fashioned flexible management that makes the CD Auction Group proposition so unique.”