Shoreham has welcomed back physical buyers to its weekly auction programme
Shoreham Vehicle Auctions (SVA) has welcomed physical buyers back to its auction halls by delivering a safe working environment which has been signed off by Aviva insurance and overseen by the local constabulary.
The physical buyers have enjoyed being in the auction halls again and Shoreham has benefitted by them helping establish market confidence in a very buoyant market, as well as adding extra market confidence to sales compared with everything being online.
While physical buyers remain off limits to many auctions, turning their back on physical buyers attending sales has never been part of SVA’s agenda according to managing director Alex Wright.
“When we spoke to buyers post lockdown it was obvious that a large percentage wanted to come back into the halls. We started planning our road back to normality based on their feedback,” explained Wright.
“We have welcomed our top 50 account customers back to the halls and they have told us they feel they are working in a safe environment when with us. The response has been very positive, and I know we have attracted scores of buyers from other auctions that are only currently trading online,” he added.
NAMA graded vehicle appraisals have also been integral to the successful re-opening of Shoreham with both online and physical buyers, as well as the fact that 94% of all of vehicle purchases are being delivered to buyers in 48 hours.
SVA attracts in the region of 120 online buyers for each sale supported by a policy of not charging online buyer’s fees. Combine those online buyers and the top 50 physical buyers and there is healthy competitive environment to buy stock at every auction. Meanwhile, SVA remains shut for private buyers.