Nine great contestants for the first ever Car Remarketing Award

Must-see addition to this year's Fleet Europe Remarketing Forum, to be held on 5 December at Estoril in Portugal: the first ever presentation of the Car Remarketing Award. Nine great contestants have joined the race, indicating just how varied and rich the field is.

So who will take home the coveted trophy? The company with the most innovative remarketing tool or product. Each of the nine candidates will submit a dossier to a jury composed of remarketing experts.

After wise deliberation, they will select a number of nominees, who will be invited to Estoril, and eventually the winner, who will be announced in the evening of 5 December, during the awards ceremony at the end of the Fleet Europe Remarketing Forum. 

We don't know who will win – but we do know that it will be one of these nine, fine contestants. Here's a quick overview of the competing companies and their remarketing instruments:

Company: ALD Automotive

Product description: End of contract assessments have been identified as one of the key reasons for poor customer satisfaction in leasing. Flexpertise takes care of this by disconnecting the assessment from the end of contract. Assessments are done about one month prior to the end of contract, whenever the driver wants. This represents a triple win: for the driver, for the fleet manager and for the lease company.

Company: ALD Automotive

Product description: Launched as a pilot in Denmark, QIGO is a 100% digital platform for used-car shopping that removes uncertainty about vehicle quality by being fully transparent (with high-resolution, 360° images), adds personal service (such as needs-based browsing), and provides doorstep delivery (including a 14-day return policy).

Company: Aston Barclay

Product description: Aston Barclay's Buyers App allows buyers to bid in real time at auctions across the UK, leave proxy bids on vehicles, access credit and receive notifications from their auction activity. By bridging the gap between physical vehicle auction and the mobile space, the app revolutionises the way buyers and seller communicate.

Company: AutoBid
Product description: The new Autobid.de App simplifies and improves remarketing strategies for dealers by facilitating market access, making selling and buying as convenient as possible, anywhere and anytime. The app is available in 22 languages and allows for direct participation in auctions that reach up to 25,000 commercial buyers across Europe. The Autobid.de App offers full bidding functionality, and includes a bidding agent to bid simultaneously on vehicles in more than one auction.

Company: DAT Consulting

Product description: Many brilliant remarketing ideas never gain traction within organisations. DAT Consulting aims to provide a fresh look at automotive remarketing, identifying the constantly evolving key issues that impede the success of remarketing efforts. The company's Remarketing Health Check aims to improve the efficiency and profitability of remarketing strategies by unlocking the remarketing knowledge and skill held within an organisation.

Company: GT Motive

Product description: The application allows users to perform an end-of-contract inspection/damage calculation, using the correct VIN of the vehicle and the full technical database of GT Motive. Additionally, the user's own remarketing business rules can be applied. The tool also works offline, with the final calculation made when back online.

Company: Autorola

Product description: INDICATA is the next generation of business intelligence and market insights software for the management of used vehicle inventories. Unlike any competitor in the market, the web-based platform provides a unique solution for improving used vehicle profitability and helping to protect residual values within the automotive industry and related sectors. INDICATA is currently live in 13 European countries, from Turkey to the UK, and actively scans and analyses data in each market. It has a market coverage of 98% in each country market, 2400 dealer advocates worldwide and scans 6 million cars every day.

Company: Reezocar

Product description: Reezocar is an innovative service that allows companies using long-term rentals to have a new opportunity to remarket their stock. This is done by developing leasing offers for used cars from their stock at attractive rates.

Company: RMS Automotive

Product description: Many large vehicle inventory owners are burdened by disparate, inefficient and complex systems to manage their stock. RMS Automotive transforms this previously disjointed remarketing process for remarketers worldwide, via its modular inventory management software that reduces risk and maximises return on investment.