Joint initiative aims to strengthen part-exchange valuations and maximise opportunities for incoming used coaches.
Irizar UK has agreed a new commercial arrangement with John Hill Coach Sales to work collaboratively on the valuation, marketing and sale of selected used coaches, creating a more coordinated approach to managing incoming vehicles and bringing them to market.
The arrangement will see John Hill Coach Sales provide independent market valuations for coaches being offer as part exchange to Irizar UK and mutually selected for inclusion in the initiative. This will support the assessment of part-exchange values, helping to inform commercial decisions and establish realistic, market-led pricing for vehicles entering the used-coach market.
Under the agreement, Irizar UK and John Hill Coach Sales will work together to market and sell the selected vehicles through their respective sales channels, combining their prospective purchasers.
As part of the process, the two businesses will jointly agree asking prices and minimum sale prices for each vehicle, with the aim of ensuring that incoming stock is competitively positioned and marketed effectively. Where vehicles remain unsold, valuations and pricing will be reviewed to reflect prevailing market conditions and the condition of the coach.
Julie Hartley, Sales Director, Irizar UK said: “The collaboration is designed to provide a structured approach to used-vehicle valuation and sales, supporting Irizar UK’s part-exchange activities while creating additional opportunities to connect quality used coaches with potential buyers”.
Both businesses will retain their independence, with Irizar UK maintaining ownership of the vehicles included in the arrangement and final authority over their sale and release.
A collaborative approach to the used-coach market
The arrangement reflects a shared commitment to taking a considered, commercially focused approach to used-coach values and sales. By combining independent valuation expertise with joint marketing and access to different sales channels, Irizar UK and John Hill Coach Sales aim to make the process of valuing, positioning and selling selected incoming vehicles more effective.
The initiative will apply to vehicles mutually agreed by both parties, allowing the businesses to work together on a vehicle-by-vehicle basis in line with market conditions and individual sales opportunities.
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