LeasePlan appoints BCA as Managing Partner

In a unique move for the UK remarketing sector, LeasePlan has appointed BCA  as Managing Partner for remarketing all of LeasePlan’s vehicles, handling in excess of 30,000 units annually for the UK’s second biggest leasing company.

The announcement follows an exhaustive tender process and is for an initial three-year period. 

BCA will deliver a multi-channel, cradle-to-grave remarketing strategy for LeasePlan, managing the entire remarketing process.  Channels will include multiple providers of physical auction with Live-on-Line capability, non-auction wholesale, fixed price sales and affinity sales.

BCA’s Inventory Management System (IMS)  - which has been further enhanced with the acquisition of JTK - will be used to manage the process with a dedicated BCA team allocating vehicles to the appropriate channels upstream of de-fleet.   The intelligent allocation of vehicles will be based on agreed criteria and will be completely transparent to LeasePlan.

BCA’s Docu-Safe service will handle all the relevant documentation for the  LeasePlan fleet, ensuring the correct V5, service history and other collateral is assigned to the right vehicle and the right channel. 

Graham Rixon, LeasePlan’s Operations Director commented “We have entered into this groundbreaking partnership with BCA with a clear sight of the targets we want to achieve and the benefits we expect to accrue.  Both companies are innovators and experts in their respective fields and we have taken the view that BCA – as the UK’s market leader – is best placed to manage every aspect of the remarketing process for the benefit of LeasePlan and its customers.  Further to this BCA had the breadth and range of services that mean they can deliver on every requirement that LeasePlan has in the remarketing arena.”

BCA CEO Jon Olsen commented “BCA creates markets for our customers to prosper in and we bring buyers and sellers together in an increasing range of complementary channels. This Managing Partner appointment for the UK business of the world’s largest leasing company is a significant endorsement of BCA’s multi-faceted approach to remarketing and our transparency in dealing with suppliers and competitive businesses.  Above all, it cements our position as the clear market leader in terms of service, innovation and capability.”