When combined with the independently carried out BCA Assured 30-point mechanical check, the company believes the Video Appraisals will offer an exceptionally high degree of transparency and confidence.
BCA uses the latest generation tablet technology to produce a 360-degree video of the vehicle’s interior, exterior, roof and loadbay condition. The video runs in HD format on PC, tablet and mobile devices and takes two minutes to view with a fast scroll option if required. It also offers multiple still images with a zoom feature, to give buyers more flexibility.
BCA polled its buyer customers about the new service during the pilot period. Over 70% of buyers polled said BCA’s Online Video Appraisals give them the confidence to bid higher, while 73% said they would be more confident to bid via Live Online. 72% said they would recommend the stock to friends/other buyers. LCV dealers said it gave them the opportunity to pre-sell stock to potential retail customers.
BCA’s general manager of commercial vehicles, Duncan Ward, commented: ‘Buyers – including those from overseas – have said the videos are the next best thing to being there in person, proof indeed that this latest innovation from BCA helps maximise buying power and residual values for fleet vendors.
‘Technological innovation is critical in the online remarketing arena and BCA has taken a well-proven concept from other sectors such as property and reinvented it as part of the vehicle appraisal process,’ he added.
The video appraisals are accessed through the online BCA stock locator (bca.co.uk).