575 Sales in Just One Day from One Site

575 completed sales was the stunning result from SMA Vehicle Remarketing 's Leeds Centre at the end of a frantic day of activity on Tuesday January 14th.  Unsurprisingly, this far exceeded all previous records and is a clear indication that there is real buyer appetite in the market right now. It also underlines the importance of the availability of stock funding facilities across SMA.

SMA's Managing Director Bob Anderson noted;

"During 2013, we significantly extended the facilities at our Leeds Centre to keep pace with buyer and vendor demand and introduced stock funding facilities to help buyers keen to increase their stock levels. The combination has come together well, especially with the opening of an on-site funding office as this latest stunning performance reveals.

"Looking ahead, we can certainly see strong levels of buyer demand, especially for well prepared stock in the 2 - 5 categories. This is clear both by the sales and conversion levels and by the increase in buyer registrations we are currently receiving. The outlook for the year ahead looks very encouraging."

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Our grading system is changing

NAMA grading has been developed to provide a long awaited industry standard grading scheme to be used across all auctions within the UK.

We have now introduced NAMA grading across our sites, and over the coming weeks you will notice more vehicles being offered for sale displaying a NAMA grade. These grades are easy to identify as they are 1,2,3,4,5 and U in place of the SMA grades A,B,C,D and E.

Please make sure you have familiarised yourself with the grades. We will still produce condition reports providing additional information for each vehicle as we always have.