G3 Vehicle Auctions and Oodle Car Finance agree Remarketing partnership

Oodle Car Finance has announced a ‘green’ launch sale event to commence a new long-term remarketing contract with G3 Vehicle Auctions for the disposal of vehicles through their new £12m auction centre.

Oodle have significantly increased their foothold in the motor finance industry in recent months has now funded £1.4 billion to over 147,000 customers since they were established in 2015, offering their tech-led finance solutions to both car dealers and directly to consumers.

Following a detailed performance review of their auction providers by Oodle, the car finance specialist has now taken the decision to award G3 Vehicle Auctions the full responsibility of collecting and remarketing Oodle vehicles.

G3 will rename their red lane to the ‘green lane’ for a one-off launch event on Tuesday 7th September with 150+ Oodle vehicles to be offered at their G3 Castleford centre, followed by the increased level of stock going through their sale lanes every Monday, Tuesday and Thursday.

Oodle will benefit from G3’s network of 30 strategic drop-off locations across England, Scotland, Wales and Northern Ireland, providing an efficient service for Oodle’s collections, ahead of forward movement to G3 ahead of their next sale event.

Philip Williams, Managing Director at Oodle Car Finance said “We have built a great relationship with G3 over the last 18-months and we have been impressed with not only their performance, but also their service-levels during what has been a highly-unusual period for everyone.”

Matt Dale, Co-Owner and Director at G3 added; “We are delighted to add yet another large motor finance partner to the roster at G3.  The award of a formal contract on the back of the results we’ve achieved with Oodle only strengthens our proposition as the ‘go-to’ solution for UK finance houses.  Our buyers love their stock profile, and with plenty of exciting developments in the pipeline for Oodle, we are all looking forward to the launch of the next phase of our relationship in the coming weeks”.