Maserati and Porsche kick off first FAB Bundle live auctions
By Kyle Lindsay
Tuesday, December 3, 2013 - 16:00
KICK: Audi A3 a debut participant
A Maserati Gran Turismo, a BMW R1200 and a Citroen Berlingo are among the first vehicles to be auctioned by FAB Bundle.
The trade-only website, which specialises in bulk, traceable recycled vehicle parts, will also offer a 2001 Porsche 911 as one of the 440 ‘bundles’ under the hammer.
It goes live after a month of testing, offering ‘bundles’ of parts from vehicles aged 12 years or less, at market prices.
The site is expected to sell 1,000 bundles within six months.
FAB Bundle was created for ATFs, salvage agents, bodyshops, vehicle dismantlers, exporters and reconditioners to make a margin on bulk recycled vehicle components.
The Maserati, BMW and Porsche are among 45 launch vehicles, including an Audi A3, Hyundai i30, Vauxhall Vectra and Zafira, and Mitsubishi L200.
Jason Cross, Managing Director of FAB Recycling, said: “The industry is crying out for bulk sales of recycled parts and we’re overwhelmed with the initial interest.
“Now we’re live we need a steady flow of cars, bikes and LCVs to feed the trade’s appetite for more.
“Like most online ventures it’s a modest start, however, everyone I talk to agrees selling bundles is a cost-effective way of buying recycled vehicle parts, we believe demand from garages, bodyshops, re-conditioners and ATFs is potentially huge.
“One day we hope FAB Bundle will become the destination for traceable, recycled vehicle parts.”