By using the BCA MarketPrice service, LeasePlan’s retail used car operations can simplify the whole trade-in process and reduce sale risk. The company appraises the trade-in vehicles and BCA uses this information to provide a precise wholesale valuation within minutes. Once the deal is concluded, BCA arranges for vehicles to be collected and sold through the programme of regular sales held at the BCA centres in Nuremberg and Neuss.

The move means LeasePlan’s used car customers gain peace of mind that part-exchange vehicles are valued in line with current market expectations. In addition, LeasePlan has gained further transparency in the remarketing of part-exchange stock, with a complete audit trail for every stage of the process.

‘BCA MarketPrice has completely convinced us’, said Wolfgang E Reinhold, senior vice-president for car remarketing, operations and procurement at LeasePlan Corporation NV. He added: ‘It gives us confidence that the vehicles we take in part-exchange are valued accurately which gives us additional flexibility within our retail used car operations. The subsequent transparent remarketing gives us additional security and offers many benefits to our core business.’

Peter Dietrich, European sales director at BCA, commented: ‘We are delighted that LeasePlan has decided to further develop our commercial relationship by adopting the innovative BCA MarketPrice product into their remarketing strategy for part-exchange vehicles.’