Record Sales Levels Delivered by SMA

Demand for used cars continues to be very strong across the SMA Group, with the business continuing to exceed record sales volumes. The latest record broken was at the businesses recently expanded Leeds centre, where sales exceeded the previous highest volume achieved in January 2011.

The continuing record sales levels delivered SMA are a reflection of buyer demand and of SMA's own capacity to meet this by growing its relationships with both existing and new vendors.

The record performance delivered by Leeds was at a 'general sale', with demand particularly strong for city cars, superminis and diesels. Above these however, the key driver was condition. Reflecting upon the growth SMA National Operations Director Eddie Thompson noted;

"We are delighted by the growth we are achieving. Speaking with many of our buyers face to face, it is clear that condition is a key driver in their buying activity as they seek to get stock to forecourt rapidly. We have been able to use this insight to help our vendors to prepare their stock and our team have been very busy ensuring that stock descriptions and imagery are extensive.

"Buyer demand is certainly up and this extra effort is helping us to help our buyers on-site and digitally to bid and buy with confidence. As with so many things, it is the small attention to detail areas that finesse the sale and help to make all the difference."

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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.