Let’s talk about our partnerships: MotoNovo Finance Ltd

by | Aug 27, 2020

Some people, when they think of Copart, think that we only deal with salvage vehicles which come to us via the insurance sector. But this could not be further from the truth.

Our insurance heritage has paved the way for us to bring our extensive experience and expertise to a broad range of automotive sectors. Our continued investment into industry-leading technology, coupled with an unrivalled global buyer base, has enabled us to develop tailored services and solutions for many different types of businesses across the UK motor industry.

There are many automotive sectors that sit perfectly within our arena including repossessions from finance companies.

We know how important it is for these customers to quickly recuperate as much value as possible from repossessed vehicles and end-of-term vehicles that are damaged or have high mileage.

Our teams are highly experienced in managing and remarketing these types of vehicles…and our online auctions provide the perfect platform.

Our customers can sell all types of cars, trucks, SUVs and more in our online actions, regardless of their condition. We offer an extensive global buyer base with thousands of potential buyers in over 110 countries, who are actively looking for these types of vehicles.

And, we are extremely proud of our industry-leading technology.  Our advanced, patent-protected online auction platform has been designed to make the selling of these vehicles quick and simple, and to maximise the sale price.

Our customers have access to the broad suite of additional services that we offer to further maximise returns, and we are continually reviewing, developing and expanding on these services to provide innovative and unique products and solutions.

A Finance company that already enjoys maximum value through Copart is MotoNovo Finance Limited, one of the UK’s fastest growing independent finance companies, helping thousands of people to fund their next car, van or motorcycle. 

MotoNovo have seen huge benefits from the use of our Seller Site, our online portal which enables them to keep track of their vehicles throughout the entire sales process. This portal gives them unique and individual access to a wide range of detailed and bespoke reports, providing snapshots of real time information and invaluable benchmarking tools.

The wide range of completely customisable reporting options provide invaluable opportunities to review, drive and optimise business decisions and we are continually developing and improving the portal based on customer feedback.

“We have had a relationship with Copart for a few years now, which assists us in making the disposal of our vehicles very simple and straight forward. Their website portal is easy to use from booking in a vehicle through to sale. Their staff are always friendly and professional and are always on hand to assist offering a fast collection and disposal service.”

MotoNovo Finance Ltd

Claire Woods, National Account Manager at Copart, said:

“MotoNovo partnered with Copart over 2 years ago. Since then they have seen strength in returns via our patented on-line auction technology, which reaches a global buyer base in over 110 countries.

 

They are strong advocates of our Seller Site, an on-line web portal that is used by our customers to create visibility of what is happening to every vehicle at any stage of its Copart journey, from first point of assignment through to the final sale.”

Discover more about the different sectors Copart serve across the UK motor industry.