Banco Santander – Asset Management and Recovered Vehicle Sales
Banco Santander S.A. trading as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in most global financial centres as the 19th-largest banking institution in the world.
Through its retail banking division, Banco Santander offers a wide range of financial products, including auto loans and financing solutions. When clients default on their auto loans or leases, Banco Santander recovers the vehicles and offers them for sale through online auction platforms and trusted dealer networks. All recovered vehicles undergo thorough inspections and are made available for purchase at competitive prices. Whether through public online auctions or dealer partnerships, each vehicle sold by Banco Santander is accompanied by full transparency, ensuring buyers can make informed decisions.
BBVA – Vehicle Portfolio Sales
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.
As part of our asset management division, we oversee the sale of vehicles recovered from non-performing loan agreements. When a loan or lease defaults, BBVA takes ownership of the vehicle and offers it for sale through online auction platforms or authorized dealer networks. Each vehicle undergoes a thorough inspection, ensuring that buyers receive high-quality, pre-owned cars with complete documentation. Our transparent and secure sales process guarantees that customers can purchase recovered vehicles with confidence, all at attractive prices.
ING – Recovered Vehicle Sales
ING is the retail banking brand of ING Bank NV, Branch in Spain, a bank belonging to the Dutch financial group ING Group, specializing in the direct banking or electronic banking model. It has 35.8 million customers across 3 continents. The ING Group is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, wholesale banking, private banking, asset management, and insurance services.
With extensive experience in the auto finance sector, ING provides financing solutions for vehicle purchases. When customers default on their auto loans or leases, the bank recovers the vehicles and offers them for sale through online platforms or trusted dealer networks. Each vehicle sold by ING undergoes a thorough inspection to ensure it meets high standards of quality and reliability. We are committed to delivering a transparent and secure purchasing experience, offering a range of competitively priced vehicles that are ready for immediate sale.
ALD Automotive – Fleet and Recovered Vehicle Sales
ALD Automotive Spain is part of the ALD Automotive Group, a leading global player in full operational leasing and fleet management. As a service provider, ALD Automotive ensures the same high level of service quality for all its customers, both locally and internationally. ALD Automotive is a global leader in offering cost-effective, innovative, and sustainable mobility solutions to support its customers’ success. With a direct presence in 43 countries across four continents, ALD Automotive manages approximately 3.42 million vehicles, making it the largest player in the car leasing market. These partnerships enable ALD Automotive to offer clients a comprehensive range of products and services, coupled with a focus on quality and customer service that aligns with its standards of excellence in 55 countries.
With years of experience in managing both corporate and individual vehicle fleets, ALD Automotive also specializes in selling vehicles returned through leasing agreements or recovered from non-performing contracts. These vehicles undergo a thorough inspection and are offered for sale via online platforms or trusted dealer networks. Each vehicle comes with a comprehensive inspection report and is competitively priced. Our online auction platforms provide buyers with a wide range of options, flexible financing solutions, and a commitment to ensuring that every vehicle sold meets our high standards of quality and service.
