NEWS

LEXUS has announced that it has strengthened its relationship with Manheim Retail Services. The Japanese luxury brand is renewing its existing contract with Manheim Retail Services for a further three years. Manheim has said that a series of exciting new developments are planned for Lexus over the coming months, including increased capability for the Approved [...]

BCA and Manheim have reported its buyers are not being put off from buying despite the snow and ice. The company has revealed that its buyers are logging onto Live Online, Bid Now and Buy Now in the comfort of their own homes and offices, and bidding for vehicles over the internet. Due to the [...]

MANHEIM has signed an exclusive three-year contract with Saab GB to provide remarketing services. In conjunction with its partners C Walton Ltd at Bruntingthorpe, Manheim has signed the deal with Saab’s UK arm to provide an ‘end-to-end service to manage the remarketing of its ex rental, press, demo and management cars to its franchised dealer [...]

MANHEIM has introduced a new mobile auction service for buyers – and the service really is mobile! In an effort to attract as many buyers across Europe as possible, Manheim has added a fleet of customised Mercedes-Benz Sprinter vans to its company and bringing a service that is literally ‘mobile’. It is being hailed as [...]

MOTORISTS are out of pocket to the tune of £500 when it comes to selling their car, says Manheim Auctions. Research by the company found that one in 10 motorists fail to prepare their car before they sell, and ignoring damage can cost dearly. Damaged alloy wheels and headlights can reduce a car’s value by [...]

MANHEIM Retail Services has launched a new mobile product that will help dealers convert enquires to sales. The Vehicle Mobile Marketing product will enable dealers to directly send mobile web pages, full specifications and high-quality images straight to prospective customers’ phones. Managing Director of Manheim Retail Services John Simpson said: ‘As the market toughens dealers need to [...]

SEPTEMBER saw both fleet and dealer part exchange values increase, says Manheim Remarketing. According to Manheim Remarketing’s latest market analysis for cars report, average wholesale used car values in the fleet sector increased by 2.9 per cent (£169) to £5,960 in September – the first rise for four months. Dealer part exchange prices rose by [...]

BARGAIN hunting first time car buyers are being urged to try out car auctions by Manheim Auctions. It’s the perfect way to stretch meagre budgets, reckons the auction house. “Young motorists buying their first car need something that represents good all round value; cheap to buy, insure and run,’ said Manheim’s Craig Mailey. ‘First time [...]

PRIVATE car buyers have been told they’re missing out on bargains through a fear of car auctions. Manheim ways this wariness results in 85 percent of all car buyers not even considering going to a car auction. Why? Well, for more than half of them, it’s through the puzzles of the auction process intimidating them. [...]

MANHEIM has opened its online trade sales division and promised up to 1000 cars a day will be offered through it. Called Manheim Direct, it allows buyers to purchase both over the phone and online. To give it an edge, the service is also backed by a remarketing-industry first: ‘Live Chat’ functionality. It replaces the [...]

MANHEIM has reported average used car values fell by almost 5% in June 2010, with fleet cars leading the decline. Fleet sector prices fell by 7 percent, with dealer part-exchanges only just behind on 6.5 percent. Manufacturer stock helped stemmed the decline, with a lesser fall of 1.9 percent. Despite this, though, used car values [...]

BCA and Manheim disagree on used car prices with one saying they’re down and the other saying they’re up. BCA says average used car values increased in April by 1.4 percent. Manheim says they fell in April by 2.3 percent. However, despite the disparity, both car auction houses agree on one thing – pressure is [...]

MANHEIM Colchester reports a record March sales total as it gets ready to celebrate its 21st birthday. Nearly 5700 cars and vans were sold during the month: up from the previous 5500 record of March 2009. Chris Cush, general manager at Colchester, said: ‘Once we got over the bad weather in January buyers have been [...]

MANHEIM reports 4x4s remain popular at car auctions after a recent auction realised 100 percent conversion. Not only that, the dedicated 4×4 sale at Manheim Rotherham also averaged prices of 104 percent CAP Clean! The Ford Credit Land Rover auction certainly impressed the finance arm’s Colin Normoyle. ‘Despite significant increases in CAP in this sector [...]

MANHEIM has won the contract to exclusively auction Lister Group’s 10,000 annual multi-franchise PX motors. The Birmingham and Leeds centres will auction the ‘high value’ part exchanges each Wednesday, starting 14 April. Listers’ Tim Bradshaw said Manheim had been chosen after the Group explored a number of remarketing routes in the past. ‘We feel the [...]

MANHEIM has predicted 2010 will be a positive year for used car retailers as the recovery continues. However, it has also warned car dealers to start preparing now for future challenges in the used car market. Weak registrations in 2008 and 2009, it explained, will limit the use car pool in 3 to 4 years’ [...]

MANHEIM is restructuring and rebranding to simplify the services of the retail services division. From next week, the Manheim name will become much more prominent to customers of the firm. •    Manheim Retail Marketing will replace Portfolio Europe •    Manheim Lead Management will replace e-GoodManners •    Manheim Aftersales Solutions will replace Real Time Communications The [...]

MANHEIM has held its first car auction at its new Bruntingthorpe super centre with a sale of 365 cars. The Lombard Vehicle Management sale made over £3.5 million and boasted an 80 percent conversion rate. Almost 300 buyers attended the old US Airforce base in Leicestershire, reports Manheim MD Mike Pilkington, with lots more taking [...]

MANHEIM reports its Simulcast online auction service rocketed 85 percent and sold 25,000 cars in 2009. This came on the back of a 94 percent growth in car trade buyer log-ins, which saw the 100,000-mark broken. Total worth of these cars sold online? £200 million. Proof, said MD Mike Pilkington, that ‘the investment in Simulcast [...]

USED car wholesale values rose by nearly 35 percent year-on-year reports auction house Manheim. December 2008 prices were £1770 higher than 12 months ago. The huge rise came despite values actually falling slightly in December 2009, by a little over 4 percent. It means the average used car wholesale price is £6875. Manheim MD Mike [...]