Sunday Times

Auctions the key to upgrading your fleet

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● With the economy in recovery mode, the time is right for small and medium-size businesses to grow and replenish their transporta­tion fleets, so expanding their footprints.

The latest data from the National Associatio­n of Automobile Manufactur­ers of South Africa suggests that businesses nationally are gearing to meet increasing transporta­tion requiremen­ts, with successive months of growth and a strong upward trend in all categories of commercial vehicles since the beginning of the year.

National companies and big business account for the majority of sales in commercial vehicles. Small and mediumsize businesses should also ensure they seek opportunit­ies and put themselves in a position to meet growing demand. And, for these companies, auctions may be just the tonic needed.

“Our auctions represent a means for smaller businesses to procure vehicles at a fraction of the price of new stock. It is also an opportunit­y to buy premium-quality vehicles at a price they can afford,” says Clive Lazarus of Park Village Auctions.

“With diesel prices at all-time highs and the cost of maintainin­g trucks rising, it pays to purchase quality vehicles that are suited to the type of work they are expected to carry out. All too often companies make use of ill-suited vehicles because it is all they can afford and this should never be the case. Rather attend our auctions and find the right vehicle for the job at an affordable price.”

He says with 13 977 new commercial vehicles hitting the roads in May this year, the stage is set for growth. Simultaneo­usly, however, more sales mean more future defaults as well as more used-fleet disposals to bolster repossessi­on auctions and fill auction floors.

Park Village Auctions undertakes numerous commercial-vehicle auctions throughout the year and it pays to visit its website and use its newsletter and social pages to stay abreast of happenings, keeping an eye out for new stock.

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