Auction - lease co or dealer? - TrevorH
More than once I've checked out the rough value of a car up for auction at BCA on Autotrader only to find the self same car up for sale at a dealer. The registrations tally exactly. However, they are entered in the auction under one of the larger vehicle leasing company sales.

How can this be? Is this a speculative punt by the dealer who may obtain the car at auction or do some dealers have an arrangement with the leasing operations? If the latter, it slightly clouds the provenance of such cars. After all, there are dealer direct sales already. Have I misunderstood how the lease co's operate?