{"id":9647,"date":"2017-02-15T16:58:21","date_gmt":"2017-02-15T16:58:21","guid":{"rendered":"https:\/\/www.vanrental.co.uk\/vanblog\/?p=9647"},"modified":"2017-02-15T16:58:21","modified_gmt":"2017-02-15T16:58:21","slug":"how-do-rental-companies-buy-and-sell-so-many-vans","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/9647","title":{"rendered":"How do rental companies buy and sell so many vans?"},"content":{"rendered":"<p>One of the benefits of renting a van\u00a0is that in most cases, you can be sure that the vehicle will be under two years old.\u00a0Obviously this means that rental companies\u00a0have a\u00a0near-constant need to acquire new vehicles and dispose of old ones.<\/p>\n<div id=\"attachment_9648\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-9648\" loading=\"lazy\" class=\"size-full wp-image-9648\" src=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2017\/02\/bca-auction-42-sm.jpg\" alt=\"BCA van auction\" width=\"650\" height=\"429\" srcset=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2017\/02\/bca-auction-42-sm.jpg 650w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2017\/02\/bca-auction-42-sm-300x198.jpg 300w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2017\/02\/bca-auction-42-sm-624x412.jpg 624w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2017\/02\/bca-auction-42-sm-50x33.jpg 50w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><p id=\"caption-attachment-9648\" class=\"wp-caption-text\">Vans going under the hammer at BCA Blackbushe, where 540 vans were recently sold in a single day\u00a0(source: BCA)<\/p><\/div>\n<p>Rental companies are often among car and van manufacturers&#8217; biggest customers. They will often agree\u00a0deals to take a certain number of each type of vehicle each year in return for\u00a0heavily-discounted pricing.<\/p>\n<p>This helps the manufacturer to guarantee a certain level of production demand &#8212; essential for efficient planning.<\/p>\n<h2>What happens when the vans must be sold?<\/h2>\n<p>Whereas small companies might part-exchange their\u00a0old vans when buying new models, this approach isn&#8217;t viable for\u00a0big rental companies. They tend to buy direct from vehicle manufacturers and\u00a0may take delivery of tens or even hundreds of new cars or vans at a time.<\/p>\n<p>Remarketing &#8212; or selling &#8212; the old vans has become a major business in its own right. Vehicle auction group Manheim and BCA are the\u00a0market leaders in the UK. Both companies operate on an impressive scale.<\/p>\n<p>For example, BCA&#8217;s Blackbushe centre offered nearly 700 vans\u00a0for sale in one day on 2 February 2017. These came\u00a0from\u00a0a mixture of\u00a0fleet, lease, rental, local authority and dealer groups. A total\u00a0540 vans were sold on the day, setting a new one-day record for the firm.<\/p>\n<p>And that&#8217;s just from one auction centre on one day. BCA has 24 auction centres in the UK and sells more than one million vehicles every year. According to BCA&#8217;s LCV Operations Director, Duncan Ward, the group is seeing high levels of van sales across its network:<\/p>\n<blockquote><p>\u201cThis is a significant result that underlines that BCA generates the buying power to remarket huge numbers of vehicles, swiftly and efficiently.\u00a0 It also reflects activity elsewhere within BCA, as we have seen rising volumes around the group, notably at our multi-lane specialist LCV remarketing centres in Measham and Belle Vue Manchester.\u201d<\/p><\/blockquote>\n<p>So now you know. To buy and sell thousands of vehicles\u00a0every year, rental companies depend on careful planning and support from both manufacturers and large auction groups.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big car and van hire companies rely on manufacturers and auction groups to provide them with large volumes of new vehicles each year and an efficient channel for the disposal of ex-rental vehicles.<\/p>\n","protected":false},"author":2,"featured_media":9648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[624],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9647"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=9647"}],"version-history":[{"count":1,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9647\/revisions"}],"predecessor-version":[{"id":9649,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9647\/revisions\/9649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media\/9648"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=9647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=9647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=9647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}