Archive for the ‘Press Release’ Category

Hitachi Capital appoints SVA as its latest remarketing partner

Thursday, May 24th, 2018

Hitachi Capital Vehicle Solutions has appointed Shoreham Vehicle Auctions (SVA) as its latest car and van remarketing partner.

SVA will be selling ex-Hitachi cars at its weekly fleet sale on a Thursday and light commercial vehicles at its fortnightly CV sale which it runs every other Tuesday.

During the trial period SVA has delivered a 100% conversion rate for Hitachi on both cars and vans.

“SVA has gained a strong reputation for delivering excellent service levels for both its buyers and vendors which translates into healthy bids and high conversion rates. They are particularly strong in the commercial vehicle sector which is another reason for choosing them as a remarketing partner,” said Hitachi Capital’s remarketing manager Roger Holder.

“Hitachi has a great mix of ex-fleet used cars and vans coming into the auction which our buyers have already responded well to. We look forward to establishing a strong buyer following for Hitachi product over the coming months,” explained Alex Wright, SVA’s managing director.

Shoreham launches new electric van training courses for dealers and vendors

Thursday, May 3rd, 2018

Shoreham Vehicle Auctions (SVA) has launched the first ever used electric van training course for LCV dealer sales staff and fleet vendors.
Developed in conjunction with the Energy Saving Trust the course aims to help educate those involved in the used LCV market to get to grips with all aspects of used electric vans.
This includes the type of operator who would benefit from buying one, to tactics on how to successfully sell them, as well as how they work.
SVA will be running bi-monthly courses from its Shoreham boardroom from the summer through to the end of the year in small groups of 10. More courses can be accommodated if required.
The main aim is to establish greater buyer understanding and confidence to help create acceptance and demand for electric vans from trade buyers. SVA also aims to educate vendors to give them more confidence when setting future residual values.
Michael Simmons, SVA’s operations director has already put over 100 dealer staff through the electric car training courses, and expects similar levels of interest in the van courses.
“The combination of low running costs and zero emissions makes a lot of sense for small businesses whose vans only carry out local deliveries each day. Our courses will help educate used buyers that there is a market for electric vans in their locality and how to exploit it,” said Simmons.
“Many vendors will also find the courses useful. In the past they have been far too risk adverse about underwriting electric van residual values due to the uncertainty of the future used market. Leasing companies should now look at writing sensible residuals which will help bring leasing costs down and fuel new van sales growth,” he added.
Anyone interested in attending an SVA electric van course should email michael@shorehamvehicleauctions.com

Shoreham Vehicle Auctions wins national award for its electric vehicle sales training for south coast car dealers

Tuesday, March 6th, 2018

Shoreham Vehicle Auctions, based in Lancing Business Park, Chartwell Road, Lancing has scooped a national award for Innovation In Remarketing at the 2018 Fleet World Honours.

The independent car auction beat all-comers in this competitive category based on its development of free half-day Electric Vehicle (EV) training courses for used car dealer and supermarket sales teams across the south of England.

Developed in conjunction with the Energy Savings Trust the courses aim to educate dealers about electric cars and how dealers can sell them to new customers.

Michael Simmons, Operations Director at SVA was on to hand to collect the award. He said: “It’s nice to be recognised as an industry innovator and the fact we were up against national companies makes the award win even more satisfying.”

Judges from the Fleet World Awards commented, “Recognising that slow demand among used buyers was affecting residual values for electric vehicles, Shoreham took the step of launching free training courses for dealers. These half-day sessions developed with the Energy Saving Trust, help dealers to educate potential customers about the technology. It’s an important step towards supporting a growing market.”

Growth in online retail sales fuels demand and prices of 3.5 tonne panel vans says SVA

Wednesday, September 20th, 2017

The 3.5 tonne panel van market is already showing signs of hotting up prior to the anticipated growth in online retail sales this Christmas according to Shoreham Vehicle Auctions (SVA).

Following two recent 80% conversion sales any make or model of 3.5 tonne used van has been selling quickly and for solid prices with buyers hoping to get stock under their belt prior to companies increasing delivery capacities in the run up to Christmas.

In 2016, online retail sales in the UK totalled £133bn, which was a 16% rise on 2015, and the market expects this to continue to grow, with the majority of retailers relying on the trusty 3.5 tonne panel van to deliver goods bought online to consumers.

The nearly-new sector has also seen a recovery with some 66-plate ex-rental stock being sold for strong prices, a sector which has proved tougher in previous weeks. At the other end of the scale, some VW Caddy, VW Transporter and Citroen Berlingo vans entered by a national charity with high mileages on the clock beat book by some margin.

Based on a strong service histories and the vans being offered for sale in good condition, two 62-plate Transporters with 122,000 and 142,000 miles respectively sold for £5,600 and £5,500. This represented a combined £2,000 above book. The old adage of look after your vans and they will look after you was particularly relevant with these results.

“The three-year-old market continues to be extremely buoyant,” said Tim Spencer, SVA’s commercial vehicle sales manager.

“Everything of that age is being snapped up and there remains a shortage of stock in the market. More used stock coming into the market during September will be most welcome to help feed hungry buyers. There should also be a better stock mix available in September,” he added.

With the used market already performing well in September, SVA is expecting to see another buoyant market with prices likely to only temper slightly, with the additional part-exchanges reaching auction based on the new 67-plate change.

Annual Chestnut Tree House charity car auction calls for unwanted vehicles and donations

Friday, September 15th, 2017

 

  Annual Chestnut Tree House charity car auction calls for unwanted vehicles and donations

  • Shoreham Vehicle Auctions is hosting its seventh annual car auction to raise funds for The Chestnut Tree House charity on 6th November
  • Last year’s auction exceeded all expectations, raising a staggering £25,602, and SVA need your help to raise even more this year
  • All donations raised directly fund end-of-life care and support for children and young adults

Shoreham Vehicle Auctions is calling on all south coast used vehicle dealers and consumers to donate any unwanted running vehicles or part-exchanges to its charity auction for The Chestnut Tree House. The annual auction will take place on Monday 6th November and SVA is looking for help to beat last year’s astounding total of over £25,000.

The auction is looking for all running cars, regardless of age, shape and size, with or without an MOT, from dealers across Sussex, Hampshire and Surrey to raise funds for the Arundel-based children’s hospice. No non-runners, please.

Having first opened its doors in 2003, The Chestnut Tree House currently cares for 300 life-limited children, both at the hospice and in families’ own homes. The hospice offers several types of support which includes; end of life care, psychological and bereavement support and short-break care.

It currently costs well over £3.5m each year to fund all the care services provided by Chestnut Tree House. The hospice relies heavily on the generosity, help and support of the people of Sussex, including the help received from the south coast motor trade.

Last year, the generosity of the motor trade in Sussex, Surrey, Kent and Hampshire was overwhelming. Yeomans Group, Frosts, Tates, Caffyns Volkswagen, Newton Honda, Dinnages, H.A. Fox, Peter Cooper Group and Harwoods were among the dealers involved in helping SVA reach 2016’s fundraising figure, with Johnstone Press covering the story across all papers along the south coast.

Catherine Stone, who has led this campaign since Shoreham began supporting The Chestnut Tree House in 2011 said: “Our first charity car auction raised £2000 and gradually grew to £15,000 in 2015. Last year’s staggering achievement of over £25,000 was unbelievable, the generosity of the motor trade is overwhelming. I always aim to improve each year, but this year is going to be tough so please help if you can!”

For every charity vehicle auctioned, Shoreham Vehicle Auctions will add a further £200.00 to the sale price, with no additional Auction fees.

Anyone with a car to gift to the charity auction can email catherine@shorehamvehicleauctions.com or call 01903 851200.

Shoreham Vehicle Auctions raises a staggering £25,672 at annual auction for Sussex children’s hospice

Tuesday, December 6th, 2016

On Monday 21 November 2016 Shoreham Vehicle Auctions held its annual charity auction in aid Chestnut Tree House children’s hospice for the fifth year. The event raised a staggering £25,652, more than £10,000 than 2015 total. Shoreham Vehicle Auctions have held this annual event since 2011 and have now raised an incredible £62,652.00 in total for Chestnut Tree House.

The organisers received fantastic support from the region’s motor trade, with dealers and motor groups from Sussex and Surrey donating vehicles, track days and gift experiences for the auction. The auction, held in the evening, saw donated vehicles going under the hammer for more than twice their market value. Donations from Frosts Cars, Yeomans Group, Tates Motor Group, Harwoods Group, Caffyns VW, Peter Cooper Group and H.A. Fox Jaguar Guildford were all quickly snapped up by traders and buyers, showing the generous support for Chestnut Tree House. Furthermore, Shoreham Vehicle Auctions waived all fees for each vehicle donated and pledged an extra £200 for each sale. On more than one occasion, traders and buyers purchased lots, only to donate them back into the auction to maximise funds. For the first time this year we saw unwanted vehicles donated by the general public, Shoreham Vehicle Auctions would like to thank all those that donated the generosity was overwhelming.

Alex Wright, Managing Director of Shoreham Vehicle Auctions said: “We are extremely grateful and touched by the generosity of the motor trade in Sussex and the surrounding areas, not to mention the audience of new and existing buyers, who ensured that it was a fantastic evening. We couldn’t believe the final totals; everyone at Shoreham is ecstatic with the money raised, which will make a real difference to this fantastic and humbling cause.”

Caroline Roberts-Quigley, Community Fundraiser for Chestnut Tree House said: “Year on year, I am astounded and humbled at the support that Shoreham Vehicle Auctions gets from its trade suppliers and customers in order to make this such a successful event. The team work so hard in the months leading up to the auction and we really do appreciate the support from everyone involved. The incredible amount raised this year will cover the cost of three whole days of fun, love and care for local life limited children”

If you have been inspired and would like to get involved with supporting Chestnut Tree House, please contact us on 01903 871820 or email fundraising@chestnut-tree-house.org.uk. To find out more about our Pay for a Day scheme please visit www.chestnut-tree-house.org.uk/payforaday.

Shoreham Vehicle Auctions raises £13,700 at annual auction for Sussex children’s hospice

Tuesday, May 10th, 2016

On Monday 26 October 2015 Shoreham Vehicle Auctions held its annual charity auction in aid Chestnut Tree House children’s hospice for the fifth year. The event raised an incredible £13,700, more than double the original fundraising target. This amount is enough to pay for two days of all care services provided by Chestnut Tree House, both at the House near Arundel and in families’ own homes across East and West Sussex and South East Hampshire. Shoreham Vehicle Auctions have held this annual event since 2011 and have now raised an incredible £29,365 in total for Chestnut Tree House.

The organisers received fantastic support from the region’s motor trade, with dealers and motor groups from Sussex and Surrey donating vehicles, track days and gift experiences for the auction. The auction, held in the evening, saw donated vehicles going under the hammer for more than twice their market value. Donations from Frosts Cars, Yeomans Group, Tates Motor Group, Harwoods Group and H.A. Fox Jaguar Guildford were all quickly snapped up by traders and buyers, showing the generous support for Chestnut Tree House. Furthermore, Shoreham Vehicle Auctions waived all fees for each vehicle donated and pledged an extra £250 for each sale. On more than one occasion, traders and buyers purchased lots, only to donate them back into the auction to maximise funds.

Alex Wright, Managing Director of Shoreham Vehicle Auctions said: “We are extremely grateful and touched by the generosity of the motor trade in Sussex and the surrounding areas, not to mention the audience of new and existing buyers, who ensured that it was a fantastic evening. We couldn’t believe the final totals; everyone at Shoreham is ecstatic with the money raised, which will make a real difference to this fantastic and humbling cause.”

Caroline Roberts-Quigley, Community Fundraiser for Chestnut Tree House said: “We are amazed and incredibly grateful to Shoreham Vehicle Auctions and everyone involved in the event for this fantastic support. The amount raised will pay for all care costs on both Thursday 4 August and Wednesday 5 October 2016 as part of our Pay for a Day scheme. Chestnut Tree House children’s hospice provides specialist palliative care services to 300 children and young people aged 0 – 19 with life-limiting and life-shortening conditions in East Sussex, West Sussex and South East Hampshire. It costs well over £3.5 million each year to provide all our care services. Families are never charged for their care and the hospice receives less than 7% from central government, so we rely heavily on the generosity, help and support of local community. Once again I would like to say a big thank you to the organisers at Shoreham Vehicle Auctions for their ongoing support and this amazing result from the 2015 auction.”

If you have been inspired and would like to get involved with supporting Chestnut Tree House, please contact us on 01903 871820 or email fundraising@chestnut-tree-house.org.uk. To find out more about our Pay for a Day scheme please visit www.chestnut-tree-house.org.uk/payforaday

Shoreham Vehicle Auctions achieves double award win at Adur & Worthing Business Awards

Tuesday, December 1st, 2015

Shoreham Vehicle Auctions achieves double award win at Adur & Worthing Business Awards

  • Lancing-based auction house win Overall Business and Large Business awards
  • Double achievement celebrated at prestigious ceremony at Pavilion Theatre, Worthing
  • Shoreham Vehicle Auctions recognised for significant increases in vehicle sales and profit

Shoreham Vehicle Auctions has picked up two awards at the Adur & Worthing Business Awards, emerging victorious in the Overall Business and Large Business categories.

The Lancing-based auction house joined the cream of south coast businesses for the prestigious ceremony in Worthing, receiving both awards from television presenter Nick Wallis on the night.

Shoreham has been recognised for doubling turnover, vastly increasing profit, tripling staff levels from 20 to 60 and increasing weekly average vehicle sales from 150 per week to more than 500 on average. Furthermore, overall vehicle sales have increased 45% since Managing Director, Alex Wright, acquired the business in 2010.

Over the last five years, Shoreham Vehicle Auctions has made significant strides to ensure investing in local talent is a priority, building a team with over 150 years’ experience in remarketing. This has been achieved through maintaining existing staff and encouraging new talent through apprenticeships.

The south coast auctioneers’ commitment to the local area includes everything from employing tradespeople in the Lancing and Brighton areas to supporting Sussex-based children’s hospice, Chestnut Tree House, raising over £25,000 for the cause in the last five years.

Shoreham’s investment in their business has helped attract interest from across the UK and Ireland, ensuring their dedicated buyer base includes both local and national dealerships.

Reflecting on Shoreham’s double award win, Alex Wright said: “We are honoured to have received two awards from Worthing and Adur Chamber of Commerce, the Shoreham Herald and the Adur and Worthing councils; it’s testament to the hard work put in by the entire Shoreham team, who constantly provide an honest and transparent service to our local buyer base.”

Generosity of Sussex Motor Industry Shines Through at Charity Auction

Tuesday, November 10th, 2015
  • Shoreham Vehicle Auctions raises £13,700 at annual auction for Chestnut Tree House
  • Total amount is more than double originated target, with all proceeds going towards care at the Sussex children’s hospice
  • Dealers and motor groups from Sussex and Surrey donated vehicles, track days and gift experiences for the auction

Shoreham Vehicle Auctions’ fifth annual charity auction for Chestnut Tree House received a fantastic reception from the motor trade in Sussex and the surrounding areas on Monday 26 October.

Held in aid of the Sussex-based children’s hospice, the south coast auctioneers raised over £13,700 for their charity auction, more than double their £6,850 target, thanks to the support of local dealer groups and buyers.

On an evening when donated vehicles were going under the hammer for more than twice their market value, the wide range of donations from Frosts Cars, Yeomans Group, Tates Motor Group, Harwoods Group and H.A. Fox Jaguar Guildford were quickly snapped up.

The amount generated approached the total funds raised by Shoreham for Chestnut Tree House, since first supporting the Arundel-based hospice in 2010.

The only hospice of its kind in Sussex, Chestnut Tree House cares for 300 children and young adults with progressive life-limiting conditions. Offering support to their families, this includes psychological and bereavement support, end of life and short break care and sibling support.

The generosity of buyers and traders was evident on auction night, with many not content with simply selling or buying vehicles and prizes at their starting price. Furthermore, Shoreham waived all fees for each vehicle donated and pledged an extra £250 for each sale.

One vehicle donated from Frosts Cars starting bidding at four times its set price, with the trader placing it back on their forecourt. All proceeds from the auction – and those from what the vehicle sells for at the dealership – will go directly to Chestnut Tree House.

On more than one occasion, traders and buyers purchased lots, only to donate them back into the auction to maximise funds. All proceeds from both sales went directly towards the hospice.

Shoreham had been hoping to raise just under £7,000 for Chestnut Tree House at the auction; the amount needed to fund a day of services at Chestnut Tree House. Families are never charged for care, yet as annual service charges exceed £3 million and with less than 8p in every pound funded by the government, the hospice relies heavily on donations. With more than double the targeted amount raised, Shoreham can help to fund two whole days of care.

“We are extremely grateful and touched by the generosity of the motor trade in Sussex and the surrounding areas, not to mention the audience of new and existing buyers, who ensured that it was a fantastic evening,” commented Alex Wright, Managing Director of Shoreham Vehicle Auctions. “We couldn’t believe the final totals; everyone at Shoreham is ecstatic with the money raised, which will make a real difference to this fantastic and humbling cause.”

CHESTNUT TREE HOUSE CHARITY SALE EXCEEDS ALL EXPECTATIONS

Monday, November 2nd, 2015

Last Monday night saw our 5th annual charity auction on behalf of Chestnut Tree House Children’s Hospice. We had cars 13 cars donated by local dealerships and many other great lots including Rugby tickets, a Jaguar for the weekend and signed sports shirts.

On the night it attracted a massive crowd and the generosity of the motor trade was beyond all expectations. We more than doubled our target for the evening.

We will publish full details later this week but for now we want to say a massive thank you to everyone involved.