Daily, many people fail to pay their car loans or leases and, as a result, their vehicles become repossessed cars. Since financial institutions want to recoup at least a portion of their money and avoid storage fees for their car repossessed, they sell these vehicles at used car auctions and online car auctions. While many auto auctions are available to the open public, the best deals offered by banks, credit unions and lease companies happen behind closed doors where only dealers are allowed and entire fleets are sold in a single bid. We’re proud to be one of this licensed dealers allowed in such auctions.
With over 300 cars for sale in stock right now, we are excited to share the news with everyone. You now have a chance to purchase one of these cheap cars for sale. When it comes to our Buy it Now feature, it has made purchasing that used car you have dreamed of a lot easier and without all of the hassle seen in the past. It means that you will be able to buy used cars at a fixed price. SP-AH Automotive has made buying your perfect car that much easier and faster with a wide variety of cars to choose from and new stock coming in regularly. SP-AH Automotive has a one click to buy cars, so you won’t have to worry about having to beat someone else to the same car. Just select–Buy it Now–Take it home.
Our company was founded in 2004 in Schweinfurt, Bayern, Germany. We’ve started as a car dealer, relying more on car sales brokerage.
2010 – Starting with September 2010, seeing that the market demand exceeds the local supply in Germany we have started to import used vehicles from all European Union countries. We began by signing partnerships with several dealers from European Union, importing the vehicles they had for sale. With the expanding auto market it began to appear more and more dealers that were importing vehicles from European Union countries. Seeing that the market is becoming increasingly competitive, our company has felt the need for a major change in order to remain one step ahead of our competition.
2013 – As a result, in January 2013, after the general meeting of the company’s board, it was decided to start a new division that will participate in public or private auctions organized by different auction houses in Europe, among the best known being Autorola.es, BCA-Europe.com, Carsontheweb.com, Caroutlet.eu, Alcopa-Auction.fr. Our prices fell and sales volume has grown exponentially. We quickly became one of the leading car dealers in EU, with an annual increase in turnover of over 40%. Some of our competitors have started to learn our methods. We’ve quickly felt the need to reinvent ourselves and planned to take our next step in this business.
2014 – Early 2014, our company has been accepted to participate in private auctions organized by German Banks/German Lease Companies and EU Countries Banks/EU Countries Lease Companies. At this auctions, we were fighting competition from fourteen other companies, for a place among the three companies that had access to the fleet of vehicles recovered from bad paying customers. Needless to mention that our offer was among the three winning bids. From the moment we’ve started to sell bank (lease) vehicles, our company had a spectacular increase in turnover. From a turnover of €3,9 million in 2013, our company quickly reached a turnover of €6,6 million for 2014. Turnover increased annually, reaching in the first half of 2015 a value of €8,9 million.
2015 – In mid 2015 vehicle sales outside Germany reached a share of 60% of our turnover. Based on this amazing performance, we decided to open a new sales office in Stockholm, Sweden. Currently, our company is looking to expand the investment portfolio and we intend to reach a turnover of about €30 million in the next couple of years. To achieve this goal our company will participate in all auctions organized by European banks, hoping to obtain exclusivity to sell the vehicle fleets recovered from loans, leases or credit.
All the vehicles offered for sale by our company are in perfect working condition and are accompanied by a certificate of inspection. This certificate is issued after a thorough vehicle check by our service experts. Thus, we ensure that the vehicle description from our website is as accurate as possible.
The vehicles offered for sale on our website are registered in European Union, to private persons or companies. This vehicles are recovered by banks or lease companies from debtors (bad payers) that are based in European Union.
Our motto is “Quality beats price!”. For this reason, the most important thing for everyone in the company is to offer the end customer a high quality product. This way, we make sure that our clients will return to us for a future purchase. Moreover, a high quality product will ensure our company of good feedback from our client and the possibility that they recommend us to his friends and relatives.