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Auctions “business as usual” in lockdown as online trading continues

Motor auctions members of the National Association of Motor Auctions (NAMA) have told their trade body that during the lockdowns announced yesterday (Monday 4 January 2020) for England and Scotland online auctions will continue despite the closure of non-essential retail.

In the November lockdown, it was ‘business as usual’ for most motor auctions despite the restrictions forcing businesses to focus on online sales, collections and deliveries.

Auctioneers are hoping they will experience a similar trend over the coming weeks.

Louise Wallis, Head of NAMA, said: “NAMA members continue to follow the Government guidance to ensure the safety of their staff and customers, which is the priority.

“During the previous lockdowns, auction houses demonstrated their ability to adapt and businesses are now capable of efficiently running successful online auctions.

“Although businesses will have to close over the coming weeks, we expect online auctions to stay strong and we are confident the NAMA Grading scheme will continue to support our members’ sales.

“Despite the significant, unexpected challenges, the auction market performed well last year. We are looking forward to 2021 with a Brexit deal now agreed and vaccines approved, which will restore a degree of confidence in the economy”.

BCA UK chief operating officer Stuart Pearson added: “BCA is open for business and will continue to offer many thousands of vehicles daily to meet the needs of our buyer customers. BCA’s stock comes from the biggest brands in the industry and includes vehicles across all price sectors and product types to provide the most choice, whatever a buyer is looking for.

“Given the difficulties of 2020, the used vehicle sector is now well-practiced and prepared to trade through the constraints that lockdown imposes and BCA is there every step of the way to help our customers conduct their business safely and efficiently in these difficult times. We will continue to look for innovative ways to support our customers during the months ahead with enhancements to our digital services supporting the used vehicle sector.

“Our priority is to continue to support our people and all of our customers as best we can during this incredibly difficult time.”

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