Auction4Cars.com has opened a new auction site in Chingford for trade customers only.
Located on Lea Valley Road, the new site opens following a period of significant investment in Auction4Cars.com with the launch of three new funding partners and a new customer dashboard – allowing dealers to easily keep track of auctions of interest and view any actions needed on their accounts.
John Hood, general manager at Auction4Cars.com, said: “We’re really excited to be opening our first auction site in London and the South-East.
“Chingford was the perfect location as it expands who would be within a two-hour drive time to our auction sites and make it easier for dealers when it comes to collecting winning lots.
“We know that for dealers the buying experience doesn’t end when the auction does, but instead once that stock is on their forecourt ready to sell.
“By expanding our physical footprint, we hope we’ll make it easier when buying from Auction4Cars.com as dealers will have more choice when it comes to the location of the stock they are bidding on.”
Auction4Cars.com Chingford is now open with the first auctions underway. As part of the expansion, Auction4Cars.com plans to increase the volume of auction stock listed on the website. Two new full-time roles have been created to support the new site.
Auction4Cars.com has sites in Birmingham, Birtley, Burnley, Castleford, Chingford, Derby, Motherwell, Newport, Peterborough, Sheffield and Widnes.
All vehicles need to be collected from the site they are listed against, or delivery can be arranged through its delivery partner.