BCA scores BMW UK and Alphabet remarketing deal
BMW UK has signed up BCA Marketplace to provide a range of physical and digital remarketing solutions, including defleeting vehicles for its Alphabet fleet management and leasing business.
Marking BCA’s largest-ever motor industry service deal, the agreement will see the remarketing specialist provide a full range of solutions for BMW UK, from defleet, refurbishment, inspection and collection to inventory management and remarketing.
This includes remarketing 90% of Alphabet’s volumes; the single biggest remarketing contract BCA has signed in its history.
The agreement includes a five-year deal for BCA Fleet Solutions to be the sole de-fleet and refurbishment partner, with BCA constructing a new dedicated BMW defleet centre that will handle all its storage and refurbishment needs.
BCA Logistics has also been awarded a seven-year deal as Inspect & Collect provider to BMW and Alphabet.
BMW UK’s remarketing operations manager, Stewart Hodges said: “The BCA business model is unique in its breadth of services across the supply chain and this provides a compelling customer service offering and creates efficiencies through synergies across all divisions. For BMW, the opportunity to partner with BCA across a range of remarketing, logistics, preparation and inventory management services will bring economies of scale and generate real value.”
BCA’s chief commercial officer, Craig Purvey added: “BCA is on the record as stating our strategy is to integrate along the automotive value chain, focusing on developing extended, unified solutions: increasing volumes, creating value added services and improving efficiencies. This significant deal with BMW Group underlines that BCA is creating the most efficient, sustainable and profitable vehicle exchange with the capacity to meet the growing needs of the motor industry.”