Peter Vardy chooses Cox Automotive again
Peter Vardy Group, one of Scotland’s most respected and best-known vehicle retail groups, has signed a further two-year partnership agreement with Cox Automotive.
The new contract will see Peter Vardy sell wholesale stock exclusively through Manheim Auction Services and utilise Cox Automotive’s eVA Valuations & Appraisals software to provide part-exchange valuations both in store and for users of the group’s retail and car buying websites.
Peter Vardy stock sells every week out of Manheim’s Shotts and Washington sites and online nationwide and it’s estimated 10,000 further vehicles will flow through Manheim’s auction lanes over the next two years.
Peter Vardy, Chief Executive Officer comments: “Cox Automotive has earnt a position of respect and trust in the two years since we started working together and I’m very happy to be extending our agreement and agreeing exclusive terms. Our auction performance has been strong and we believe Manheim’s physical and online hybrid approach is the right one. Buyers want choice and the return of physical sales has had a positive influence on both our following and results.
“But of equal importance is how Cox Automotive behaves as a business. Peter Vardy Group takes its responsibilities to our customers very seriously and we expect the same of our suppliers and partners. We’ve found Cox Automotive’s default position is to simply do the right thing, and this stretches from the actions of team members to their commitment to not compete with their customers in the retail market. We applaud this stance.”
Sam Panayides, Sales Director at Cox Automotive comments: “Peter Vardy Group is the latest dealer group to commit its wholesale volume to Cox Automotive and I’m delighted our partnership continues to from strength to strength. We never take our customers’ business for granted and work hard to ensure we deliver the best we can for them. Peter Vardy has proved to be a popular vendor amongst our physical and online buyers thanks to the reliable flow they feed into our auction programme and the diversity their portfolio of retail business provides.”
Family-run Peter Vardy Group operates 15 dealerships in Scotland, representing Porsche, Jaguar Land Rover, BMW, MINI and GWM ORA. It also operates seven CARZ used car supermarkets, a performance and prestige dealership in Edinburgh, the GoodBye Car car buying brand and Peter Vardy Leasing.