Santander remarketing deal with Aston Barclay expanded

Aston Barclay has announced that it has expanded its partnership with Santander Consumer Finance (UK) through the addition of monthly sales at its Wakefield site.

A dedicated Santander sale will take place on the second Friday of every month, with some 50 ex-fleet vehicles for sale.

It builds on its three-year remarketing partnership already in place at Aston Barclays’ Prees Heath site, which achieved 100% conversion throughout 2018.

Shaun Deacon, head of arrears management at Santander Consumer (UK), said: “We have been highly impressed by the success of our partnership with Aston Barclay to date with Prees Heath achieving 100% conversion rates on all stock entered into auctions during 2018.

“This is an exciting opportunity and will ensure that not only can we attract new buyers but also that we can better manage our increased volumes of vehicles now being remarketed.”

Aston Barclay’s 78,000sqft Wakefield site has two glass-fronted auction halls and interactive screens. Aston Barclay says it underpins its strategy of ‘connecting customers to cars and driving the future of remarketing’ through a mix of digital and state-of-the-art physical remarketing channels.

Martin Potter, Aston Barclay’s group managing director, said: “Our partnership with Santander Consumer Finance at Prees Heath has proved highly successful and we are delighted to support the business as it continues to grow with additional sales at Wakefield.

“We very much look forward to working closely with the team to ensure the continued effective management of its business assets.”

Santander Consumer Finance will use its expanded fleet sales to continue its monthly benchmarking of prices and market demand for its used stock which includes voluntary terminations, repossessions and ex- PCP and PCH cars.

The expanded partnership follows a successful three-month pilot at the Wakefield site.