Member Article

Car auction brand set to boost dealer profitability

Independent car auction specialist G3 Remarketing has announced a series of events to help motor dealers in the North boost their profitability.

‘Maximum Margins Week’ will run from 18-22 September at the brand’s Leeds HQ, in association with NextGear Capital.

A series of back-to-back workshops, talks and special offers have been planned, all designed to ensure traders have more money in their back pockets as they prepare for the Autumn-Winter retail season.

On Tuesday 19th September, NextGear Capital will be holding a ‘buyer’s clinic’ in the main auction hall, allowing dealers to drop by and ask any burning questions that they may have.

The same experts will also be delivering a private seminar from 15:00-16:00, to highlight the biggest challenges set to face dealers over the next 6-12 months. The advice-led session will then go on to recommend how best to tackle these potential hurdles, before closing with a Q&A. Pre-registration for this closed-door event is essential.

The week-long promotions will also include a 3 for 2 deal on (roadworthy) deliveries plus a discounted buyer premium, with all successful bidders saving a further 10% off what is already the lowest fee in the market. The discount will be increased to 15% if the purchases are funded using a NextGear Capital Stocking Plan.

Commenting on the reason for the event, G3’s joint director Matt Dale said: “We’ve run similar events in the past, focusing on a different theme each time. Some dealers like the flexibility of deciding what to get involved with on the day, whereas others are keen to reserve one of the limited places on the ‘how to’ seminars. The special offers, on the other hand, always go down well with everyone!

“The automotive industry is, as always, a mixed landscape with some forecourts thriving and others struggling. We therefore thought that any tips we could pass on to help maximise margins, would be very well received.”

All G3 auctions are free to attend, whether buying or browsing, however pre-registration is required to bid. Dealers wishing to attend the private seminar should email chrislamb@g3r.co.uk to reserve a place.

This was posted in Bdaily's Members' News section by Katie Mallinson .