AUCTION HOUSE REPORTS STRONG DEMAND FOR PHYSICAL SALES

Auctioneer Aston Barclay has now been running physical sales for one month following the opening of car dealers and non-essential retail.

READ: AUCTION VALUES REMAIN EXTREMELY STRONG

Since the new auction schedule has begun, the firm has seen an 17 percent uplift in attendance, with online buyers remaining consistent. Of the vehicles sold, half have been bought by buyers in the halls compared with sales being entirely online just a month earlier.

Customers welcome the return of physical auctions

The firm also reports an eight percent increase in hammer prices over the past month, as buyers’ clamour for the available stock.

Martin Potter, Aston Barclay’s Managing Director – Customer said: “Giving our buyers the choice in how they purchase their used vehicle stock remains an important part of how Aston Barclay differentiates from the more traditional auction house. Our new partnership with The AA means buyers can trust making a purchase either in the auction hall or online, and that the vehicle they buy is accurately described.”