Great British Fleet Event exhibitor epyx has reported the landmark 500,000th fleet vehicle sale through its 1link Disposal Network platform.
The grey, 30,000-mile, 2019 Volkswagen Golf was bought by a dealer in Anglia from a major leasing company.
Tim Meadows, chief commercial officer at epyx, said the milestone showed how well the disposal tool works for large fleets such as leasing companies that need to remarket vehicles easily and effectively.
The platform can also credibly claim to be one of the longest-established online sales channels for fleets to sell cars, vans and trucks to vehicle retailers, having been established in 2005.
Meadows added: “In recent years, we have invested heavily in ensuring that the platform is continually enhanced in an increasingly digitalised remarketing sector, and the result has been rapidly rising traffic. Several of the last few years have seen record sales volumes.
“This is a product that has always been designed to provide maximum flexibility for fleets disposing of cars and vans, and this adaptability has been key to its success, providing fleets with the means to use different routes to market, ranging from auctions to dealers.”
Electric vehicle sales have also significantly ramped up through the platform.
“We are seeing exponential increases in EV sales as cars start to feed through to the used market in higher numbers. Year-to-date sales for 2023 are over 600% up on the previous year,” Meadows continued.
“Interestingly, they are being bought by all kinds of dealers, showing their increasing retail appeal – although there is a two-to-one split in favour of franchises against independents.”
Epyx, along with sister company R2C and parent firm Fleetcor, will be at next Tuesday’s Great British Fleet Event to discuss their fleet solutions and industry developments. Full event and registration details are here.
