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Aston Barclay reports 8% rise in values as physical auctions return
Date: 12 May 2021 | Author: Sean Keywood
Remarketing firm Aston Barclay says average sale prices have risen by 8% over the last month, after its physical sales reopened with the easing of Covid-19 lockdown measures.
The company said that since its new auction schedule began, it had seen a 17% uplift in attendance, with online buyers remaining constant.
It said 50% of vehicles sold had been bought by physical buyers, compared with wholly online sales only a month earlier.
Aston Barclay said a survey of its customers in March had revealed 84% wanted to return to auction halls as soon as it was safe to do so, and 97% said they would buy the same amount or more given a choice of channels through which to buy.
Aston Barclay managing director - customer Martin Potter 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."
