Epyx launches eight new remarketing modules

A range of eight remarketing modules for motor finance, vehicle leasing, and major fleets has been launched by Epyx.

Based on technology from its 1Link Disposal Network platform, the modules are being made available in response to customer needs that have arisen in the wake of the pandemic, Epyx said.

Debbie Fox, commercial director at Epyx, said: “Digitisation has been one of the key trends of the pandemic period, with many businesses utilising the time and opportunity afforded by successive lockdowns to rethink how they can use technology in new and creative ways.

“This is certainly something that we have seen in relation to remarketing, with motor finance, vehicle leasing and other major fleets looking to maximise the effectiveness of their de-fleeting strategies, whether ex-fleet stock or retail PCP returns.

“However, not all of them need our entire 1Link Disposal Network to implement these new strategies, so we have reacted by making key elements available on a modular basis, allowing existing and potential customers to access the exact digital tools that they require.”

The new modules include Sales Booster, Logistics Organiser, Inspector, Damage Recharger, Auction Operator, Task Manager, Online Sales Simplifier and Data Analyser.

Fox added: “These modules, we believe, provide the means for fleets to take control of their de-fleet digitisation in exactly the manner they desire.

“While the final shape of the new normal is very much in flux, they make the right technology available at all times.”

In 2020, Epyx reported sales of ex fleet and lease vehicles through the Epyx 1Link platform increased beyond pre-lockdown levels.