Motorway has launched a new enterprise remarketing service in the UK, opening up a fresh supply channel of end-of-finance vehicles for its dealer partners.
Mobilize Financial Services, the finance partner for Renault Group brands and Nissan in the UK, is the first company to adopt the platform.
The move expands Motorway’s role in the used car market beyond consumer-to-dealer transactions and into the remarketing sector, targeting vehicles that are typically between two and four years old with low mileage and single ownership.
Motorway said its new model removes the need for physical auction sites, storage and multiple transport stages that are commonly associated with traditional end-of-finance contract processes.
Instead, registered keepers profile their vehicle through a dedicated app, including recording any damage, before the car is auctioned directly to dealers through Motorway’s platform.
Following a successful sale, a BVRLA-compliant inspection is completed at the customer’s address before the vehicle is transported directly to the purchasing dealer.
Motorway said the process is designed to reduce operational complexity, speed up vehicle turnaround times and improve value retention for remarketing partners.
A new stream of stock for dealers
For dealers, Motorway said the service creates access to a new stream of stock through the same Motorway platform they already use, without requiring additional systems or onboarding.
Motorway said the vehicles available through the service will typically be less than four years old and have covered fewer than 30,000 miles.
All vehicles purchased through the remarketing service will include Motorway Protect at no additional cost.
Motorway Protect is an FCA-regulated insurance offering – powered by Opteven UK .
The warranty provides dealers with protection against unforeseen mechanical and electrical issues discovered after purchasing a vehicle.
Dealers will also receive reduced fees on Motorway Move, the company’s logistics service, which includes BVRLA-standard inspections and pre-agreed collection dates.
“Remarketing sector overdue a rebuild…”
Tom Leathes, chief executive and co-founder of Motorway, said: “For nearly 10 years, Motorway has worked to rebuild how used cars get bought and sold. We started with private sellers, and we’re now applying the same model to remarketing.
“Traditional remarketing wasn’t designed for the technology we have now.
Cars get collected, sent to a physical site for storage, sold through an auction, then transported again and the whole process takes weeks.
“We’ve removed the steps and built something better. Leasing firms get more value from their stock and reduce operational complexity, dealers get a new, consistent supply of prime stock direct from the source, and leasing customers get a faster, simpler end of contract experience.
“Mobilize is the perfect first partner for this. They’ve been ambitious about how they think about the end of contract experience, and this is a part of the market that’s well overdue a rebuild.”
Brian Williams, chief executive of Mobilize Financial Services, said: “Our new partnership with Motorway represents a significant strategic advancement, fundamentally reshaping how we bring high-quality used vehicles to our dealer networks, delivering improved speed and efficiency.
“Our dealer partners will gain faster access to low-mileage stock, empowering them to better respond to market demand, while our customers will benefit from a streamlined inspect and collect experience, and even greater transparency throughout their end-of-contract journeys.
“Together with Motorway we’re redefining the future of used vehicle distribution and reinforcing our commitment to innovation.”