SMA Achieves Record Sales

SMA's Vehicle Remarketing's growing reach was emphasised by a record week (week ending August 9th), when sales hit an all time high. The record was achieved in spite of the fact that August is traditionally a quiet period.

The growth in unit sales reflects the business' success in attracting new vendors, increased activity with existing vendors, a significant increase in digital sales and an uplift in auction volumes. The growth was shared business-wide with all auction centres nationally reporting strong performances.

SMA's Managing Director Bob Anderson is very proud of the performance and is looking forward confidently;

"As a business we have worked very hard to develop the buying experience, both online and at our auction centres. The investment in time and money has seen a range of new products being launched, our centres developed to provide a comfortable, modern experience and a continued focus upon traditional service values. The combination has continued to see us increase our footprint. We like to think that we are the most buyer friendly remarketing organisation and the results certainly see to suggest we are making good headway.

"At the same time, increase buyer footfall has helped our business development team to welcome new vendors. In addition to more buyers, vendors recognise that we have worked to enhance our customer proposition, working to integrate ourselves alongside fleet managers and to support sellers to make their job easier. The combination is working well and we are looking forward to the months ahead and to welcoming even more new customers."

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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.