cuts dealers`costs
Transcription
cuts dealers`costs
Personal service cuts dealers’ costs SBL is a leading national distributor of used imported vehicles, specialising in high-grade auctions of Japanese and European cars, mainly from Japan and increasingly from the UK. The vehicle brokering business, based in Christchurch and serving the whole country, aims to get the best results for importers, ensuring peace of mind with its door-to-door service. In essence, it’s a one-stop shop for retail dealerships with the added advantage of SBL’s 25 years’ experience in the vehicle importation industry. SBL supplies a diverse range of clients, from owner-operators to franchises and the high-end market, while it also has access to ex-fleets for clients to secure volume. “We import about 150 to 200 cars a month and have customers from Auckland to Invercargill,” says David Friend, CFO. “Traditional wholesalers bring in vehicles and on-sell them to make a margin. “SBL is not a wholesaler, we are vehicle brokers. We get cars from A to B. After buying them in the offshore market, we charge a flat brokerage fee and deliver them to our customers nationwide. “By dealing direct with the retailers, we cut out the middle man – and pass the wholesale margin direct to them.” As well as managing shipping, SBL arranges inspection services for rust and damage to ensure only the highest quality vehicles are purchased. SBL has developed its own search engine to link into auctions in Japan. “Our user-friendly search engine enables dealers to go online, accessing thousands of cars daily to find the vehicles they want and purchase them with certainty of cost,” explains Friend. Get in touch 12 | www.autofile.co.nz “We help dealers get their bids right, to secure the vehicles they want and we arrange for them to be imported, serviced, complied and ready to sell.” An added feature is that SBL “locks in” the exchange rate on the date of purchase, removing any movement or risk from exchange-rate fluctuations. “Our customers know exactly how much in NZ$ the vehicles will cost,” says Friend. SBL looks to build strong partnerships with clients. While its bigger clients have buyers, smaller dealers are busy selling and often need someone to purchase for them. “Many dealerships don’t have the time to get onto their computers, search for vehicles and put in bids,” says Friend. “Our sales team gets to know customers and the vehicles they are buying and selling, so we search and buy on their behalf.” Simon Beirne, founder and CEO, and account manager Glenn Banks regularly travel to Japan and the UK, ensuring they are constantly abreast of changes and conditions in these markets. SBL’s experienced agents on the ground in both Japan and the UK physically sight the cars to ensure nothing is wrong with them. Beirne says: “We don’t sell cars, we sell a service. We save clients time and we will find the cars they want. “It’s not about taking risks. It’s about understanding our customers’ needs, knowing our product, the market and the industry influences better than anyone else.” Beirne started SBL in February 2003, and has worked as a buyer in the motor-vehicle industry for more than 25 years. He spent seven years as a director of the family business, Integrity Cars. His in-depth knowledge of Japanese culture and business experience means he “delivers the right vehicles, at the right price”. His father Graham was a pioneer of importing vehicles from Japan and Simon took his first trip there in 1989. While working for the family business, Simon recognised wholesaling may not continue to be sustainable and the trade would move into brokering. His father soon joined him as a business partner. Simon has significant relationships in Japan, which have helped attract UK market opportunities with SBL now doing business there. “More vehicles are coming from the UK, which is exchange-rate driven,” says Friend, who also manages SBL’s tailored floor-plan facilities for clients. Overall, the used vehicle import business is looking good. “Because of last year’s emission law changes, you cannot import anything older than 2004,” says Friend. “We thought there would be a drop in used cars imported from Japan but numbers are similar to last year, which is good for the second-hand market. A point of difference with SBL is personalisation of service and SBL stands behind the quality service it provides. “We identify the vehicles that our customers can sell and deliver them to their door for a set fee,” says Friend. “There are no hidden costs so everyone knows what to expect, no surprises.” SBL’s head office is at 157 Moorhouse Avenue, Christchurch. Phone: (03) 377-6578, fax: (03) 377-6579. To find out more, visit www.sbltd.co.nz where you can also complete an online registration form.