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Major changes for Cash4Vehicles operators

Big changes at Cash4Vehicles' could mean more, good quality cars in the yard.
Are you looking for not only more, but also better quality vehicles for your yard? Then it may be worth taking a look at Cash4Vehicles latest changes.

Back in May we told you about Cash4Vehicles' (C4V) national operation that supplies those vehicles that fall between the quality second hand car market and the end of lifers. Or as C4V puts it - “older cars, broken cars, MOT failures, unwanted cars, cars without tax or cars that have been stood”. Well, C4V recently launched an impressive upgrade to their system that may be of interest to those looking for new sources of these vehicles - and it won't cost a penny to try it!

C4V are currently piloting the uprated service in some new areas with the aim to offer it nationwide from January 2014. C4V’s Rob White told atfPro, “I think this service exceeds what our competitors can offer, especially those that give an instant price based purely on a vehicle registration plate”.
So what’s the new system got to offer?
The new system will operate as follows but please bear in mind, one of the big benefits with C4V is that it is all mobile based so you don’t need to be sat in an office or be a computer whiz!
  • After the vehicle owner has called C4Vs call centre, they send out the details to all dealers within the area range.
  • Dealers then call into the call centre and bid their maximum for the car.
  • The vehicle’s owner receives incremental texts and when he/she is happy with the price, he/she calls C4V to accept. The owner and winning dealer are then linked together.
  • The system is kept simple for both vehicle owners and dealers.
So how much does it cost?
The vehicle owner pays nothing, and surprisingly, the dealer pays nothing to bid. OK, that’s only true up to the first 15 vehicles per month, but for unlimited bids C4V only charge £39 inc VAT per month, so this is not an expensive system to operate. When a dealer wins a bid, he is charged a fee of £16.50 + VAT.

From the dealer’s standpoint, this looks pretty good as the service is now pay-per-purchase. In other words, if you are unlucky (or not very good at buying), it won’t cost you a penny which makes it seem well worth giving it a try.

The system does mean that the vehicle owner will get the best possible trade price for their car so it won’t suit those who only wanting to pay scrap value for better quality cars. On the other hand, if you are getting better quality parts then it’s worth paying that bit more for the vehicle!

What C4Vs system boils down to is essentially a fast paced auction service that dealers can participate in without needing a computer. You can be sat on the side of the road in your truck and bid on cars. It’s done entirely via mobile phone.

As the system doesn’t cost anything to try it maybe worth giving it a go. Also, as the auction encourages a better price for the vehicle owner, the system should also encourage the general public which should mean a good volume of cars coming through.

If you want to find out more, take a look at the website or call their sales team on 0844 358 2090. We are always interested in views from users so if you decide to give it a go, let us know your thoughts.

October 2013

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