Helping you stay informed about the industry’s most important trends & topics. Discover Insight Quarterly.
Friday, 05 February 2021
Knowledge
Manheim
Manheim Auction Services
Remarketing Solutions
UK

1) Footprint

Manheim has the largest commercial vehicle (CV) auction centre footprint in the UK, with eight centres selling a range of LCVs and HGVs. This is backed up by a nationwide transport network of plate drivers, low loaders and transporters meaning we can move anything, anywhere, at any time, and at the best price possible. We’ve even reduced an average vehicle’s movement by 88 miles versus our CV auction competitors.

2) Expertise

Our CV programme is backed by an experienced and dedicated team with over 150 combined years in the industry. Together they provide a unique end-to-end managed service for all our customers, while living and breathing customer service excellence and delivering market insight, valuations and consultative support 24/7, 365 days a year.

3) Customers

We’re proud to boast the largest commercial vehicle customer base in the UK with over 5,000 active buyers, and over 600 different dealer, fleet and manufacturer vendors coming together virtually to complete rewarding transactions.

4) Digital leaders

Years ago, Manheim pioneered digital auctions with the launch of Simulcast and today we are still leading the way through our blended physical and digital CV programme. In a normal year, Manheim receive over 450,000 commercial vehicle bids through Simulcast, but due to COVID-19, an incredible 83% of all CVs sold in 2020 were through digital channels.

5) Results

Manheim delivers proven results year in and year out for our CV customers and 2020 was no different. Last year, first time conversions reached record levels with nine out of ten LCVs selling first time and we also reduced days to sell for our vendors to an average of just nine days (down from 16!). Average sale prices also reached record heights of £7,600, up 28% on the year prior.

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We’re transforming the operations of the world’s leading automotive brands. Get in touch to find out how.
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