BEST-EVER FLEET AUCTION ACHIEVES 100% SELL-OUT

Every motorcycle that went under the hammer at the Fleet Auction Group’s April sale found a buyer, as the business posted a 100% conversion rate across all 56 lots.

The strictly trade-only sale was dominated by late-model, low-mileage motorcycles and scooters, achieving an overall average CAP clean valuation of 90.2%, underscoring strong trade demand for retail-ready used stock.

For the third consecutive month, the DVSA entered a consignment of machines directly into the sale, with BMW models making up the bulk of them. Mileage was higher than average, as might be expected for bikes used in rider training and testing, but all of them came with a full main-dealer service history and had been maintained to rigorous 12-weekly safety inspection standards throughout their working life. Machines of this type are unlikely to have experienced hard use and, with all lots being VAT-qualifying, they represented a strong retail propositions for trade buyers.

Further DVSA stock is anticipated at the May sale and throughout the summer.

Andrew Walker, CEO of the Fleet Auction Group, said: “Our April motorcycle auction was probably our most successful ever sale. Bikes were entered directly from Honda, Suzuki, Billing Finance, the DVSA, and from our own Motorcycle Underwrite Plus remarketing scheme. With the season now underway, dealers are hungry for clean used stock.

We attracted nearly 90 buying dealers and 688 bids. We are delighted that every machine entered was sold, which is fantastic for both vendors and buyers alike.” Fleet’s stock is sourced directly from manufacturers, leasing and finance companies, and franchised dealer groups. A flat buyer’s fee of £295 plus VAT applies, with no tiered pricing, making it straightforward to calculate final costs and assess margins.

The Fleet Auction Group runs 10 live online motorcycle auctions a year. The next sale takes place on 21 May, with stock already listed in its online catalogue