Latest developments in leasing company remarketing to be discussed at VRA’s March meeting

Photo of cars

The latest developments in leasing company remarketing is the theme of the Vehicle Remarketing Association’s next meeting, taking place on 14 March at GEFCO in Coventry.

Key presentations will include Dean Bowkett of Bowkett Consulting, who has just completed a comprehensive report on high-level developments in the leasing sector and how they are likely to impact on the used vehicle sector.

Paul Harrison of Leasing.com will be looking at key issues affecting both business and personal leasing as well as the growth of used car leasing, online transactions, the role of dealers, subscription services and more.

Also, Nigel Dann of vehicle credit management specialist Anglia UK will speak on the changing attitudes towards PCP/vehicle termination collection and damage.

Finally, Derren Martin of CAP HPI will be providing a general overview of the latest developments in the new and used car market in 2019, as well as taking a look at how these sectors are likely to change over the next few months.

Sam Watkins, chair at the VRA, said: “The leasing sector plays perhaps the single most crucial role in UK remarketing. How and when these companies choose to sell vehicles dictates the shape of the used car and van markets in many key respects.

“At this meeting, we’ll be looking at how the contract hire and leasing sectors are changing and developing, as well as how their remarketing practices are evolving. It is a subject that is of crucial importance to VRA members.”

Sam added that the VRA had created a complete programme of member meetings for this year that was designed to keep members well-informed about a wide range of crucial industry topics.

“We’ll be looking at everything from Brexit to the latest developments in fulfilment, from manufacturer direct sales to new legislation. This is going to be a really busy year in remarketing and the support that the VRA provides to its members will be invaluable.”

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