Manheim Auctions Provides the Key for Arval

Manheim’s comprehensive remarketing proposition includes several value-added services to support its vendors, including ‘key-for-key’ facilitation.
By: Manheim Auctions
 
Aug. 4, 2009 - PRLog -- Manheim’s comprehensive remarketing proposition includes several value-added services to support its vendors, including ‘key-for-key’ facilitation. Over a period of four weeks more than 200 Arval vans operated by Thales, which maintains 95% of Network Rail’s telecommunications infrastructure, were driven to their nearest Manheim Van Auction centres at Colchester, Glasgow, Gloucester, Haydock and Leeds. Here Arval representatives met with the Thales drivers and coordinated the handover of their new 09 plate vans. The de-fleeted vans then had trade name decals removed, were valeted, marketed and entered for sale within Arval’s branded van auction programme.

More than 80% of the de-fleeted vans were Renault Kangoo SL19 1.5DCI vans in metallic silver with side door and air conditioning. These proved extremely popular with both trade and end-user buyers. Some examples achieved 148% of CAP Average while a handful of Kangoos with the rare petrol engine and automatic transmission specification made up to 170% of CAP Average.

Alex Wright, Sales Director, Commercial Vehicles, http://www.Manheim.co.uk Van Auctions said: “The key-for-key service underlines the confidence our vendors place in Manheim Auctions because it sees us directly involved in their own client relationships. The strategic location of our dedicated commercial vehicle auction centres offers vendors and buyers a truly national network. For vendors this delivers operational advantages and efficiencies - such as ‘key-for-key’. Even in a strong market with such significant volumes of similarly specified vans we would always recommend managing them strategically into the marketplace. Spreading volume geographically is the ideal as it ensures auction values and days in stock are not impacted negatively through over supply. The nature of this particular project addressed this issue from the outset and also eliminated any onward movements and associated costs. Vans are effectively delivered straight into the selling centre by the driver for immediate defleet and sale.”

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Manheim is the world’s largest automotive services company and, through its unparalleled range of products and services, drives every stage of the used vehicle lifecycle. Officially voted Britain’s Best Remarketing company for the last 4 years, Manheim handles nearly 10 million used vehicles worldwide, facilitating transactions representing nearly $59 billion in value. Manheim is a subsidiary of Atlanta-based Cox Enterprises Inc., one of the world’s leading media companies and providers of automotive services. Throughout the world Manheim has over 130 remarketing operations in five Continents, including 38 European locations. In the UK, there are 3 business divisions:

Manheim Auctions & Remarketing: providing a national physical auction network, comprising 19 centres of which 7 have dedicated commercial vehicle activities; a dedicated trade-only direct sales channel; 3 online bidding /sales channels. It includes the brands of Manheim Auctions, vrs and RMS.
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Source:Manheim Auctions
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Tags:Van Auctions, Automotive, Car Auctions
Industry:Automotive, Car auctions
Location:Rothwell - LEEDS - England
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Page Updated Last on: Aug 04, 2009



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