Motor Auction Group (MAG) has purchased a five-acre site in Goole, Yorkshire, and will invest £5m to transform it into a dedicated LCV auction centre due to open in Q1 2025. The site will include a vehicle inspection facility.
It is already equipped with a bank of electric vehicle chargers and hard standing to accommodate over 600 LCVs. The site will have the capacity to sell over 12,000 LCVs each year (based on two weekly sales) and will offer a full range of pre and post auction services.
Matt Gill, director of MAG, said: “In the last 18 months we have seen a significant increase in volume in our LCV auction programme. We are proud to announce this substantial investment to further support our national and regional LCV customers.
“The Goole site provides us with the space we need to continue to grow and its proximity to three major motorways puts it within easy reach for our vendors and buyers.
“It will be one of the most modern facilities of its kind in the country, and we very much look forward to welcoming existing and new customers when it opens at the end of Q1.”
This expansion will free up space at the 10-acre Rotherham HQ, to extend MAG’s current dealer, fleet and finance sales programme.
The new Goole site will run one physical LCV auction each week to begin with and then eventually increase to two sales as volume increases.
