A new five-year remarketing deal with Volkswagen Financial Services (VWFS) has been secured by Epyx.
The agreement will see Epyx’s 1link Disposal Network used to remarket all VWFS vehicles as they reach the end of their lease periods, and covers all VWFS brands.
Epyx chief commercial officer Tim Meadows (pictured) said: “We’re very pleased to sign this new deal with VWFS, continuing a partnership that first began 14 years ago and which is one of the longest-standing commercial relationships at Epyx.
“1link Disposal Network provides the means for VWFS to dispose of their vehicles through a range of channels from direct sales to franchise dealers to physical auctions, providing a high level of control and efficiency while maximising values.
“Through this partnership, Epyx have facilitated the remarketing and sales of nearly 600k vehicles.”
VWFS head of remarketing Neil Weddell said: “While we went out to market as part of a competitive tender, 1link Disposal Network was clearly the best solution available for us in the final analysis, allowing us to handle our remarketing needs easily and systematically, with a high level of useability and integration that works well for us and for our vehicle buyers.”
