Tuesday, June 23, 2009

New website markets scrappage vehicles

Dealers can market cars taken in for scrap on a new website.

Glass's Guide and Elite Incident Management have launched a new system based on Glass's eSalvage online auction application, allowing dealers to invite online bids for scrappage vehicles from salvage traders.

Elite Incident Management adapted the Glass's eSalvage web-based application, which is used by insurers to sell total loss vehicles to the salvage industry.

Dealers using eSalvage will get access to these salvage agents ready and can access eSalvage through the website, http://www.gvss.co.uk. .

"The eSalvage platform lends itself particularly well to the new scrappage scheme, offering a one-stop-shop which handles all vehicles - irrespective of type or condition," said Richard Gandy, commercial manager of bodyshop and insurance at Glass's.

More opportunities

"Dealers have more opportunities to achieve the best prices from genuine buyers for their vehicle lots.

"The alternative is for them to use a local scrap dealer or the salvage agencies suggested by the manufacturers, inevitably limiting the potential to secure a higher sale price."

Elite Incident Management chief executive officer Philip DaSilva said: "Not only will this new solution help dealers maximise income from the increasing volumes of older part-exchanges, it also means greater volumes of usable parts will now be salvaged."

All vehicles with an estimated private sale value of around £1,000 or more will be entered on to eSalvage, certified as ‘Category B' write-offs.

Vehicle collection

Once a bid has been accepted by the franchised dealer, Elite will arrange for collection of the vehicle within three working days.

At the time of collection the salvage dealer will pay the agreed bid price in full and issue a Certificate of Destruction (V860), enabling the dealer to complete a claims submission to the manufacturer.

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