Tag: Manheim

car mechanics

VRA appoints new directors 

The Vehicle Remarketing Association (VRA) has appointed three new directors to its Board: Rupert Pontin (Glass’s), Tim Hudson (Cox Automotive/Manheim) and Philip Nothard (CAP HPI).  They join seven other directors, including the VRA Chairman Glenn Sturley and Deputy Chairman Sam Watkins. Glenn Sturley said “I’m delighted to welcome Rupert, Tim and Philip to the VRA

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Ex-fleet cars boost wholesale market in June, reveals Manheim

A 14.1% increase in wholesale prices for ex-fleet cars drove a 9.4% overall rise in the price of used cars sold at auction during June, Manheim has revealed. The average price of a used car rose to £5,918, with the wholesale price for ex-fleet cars averaging £10,580 during the month. Ex-fleet cars sold by Manheim

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car mechanics

Manheim secures Sinclair Group remarketing deal

Manheim’s Bristol auction site will feature part-exchange stock from 12 Seat, Škoda and Volkswagen dealerships as part of a new relationship with Sinclair Group. The largest motor group in Wales, Sinclair sells over 15,000 cars a year from more than 20 sites, as well as providing aftersales support to 50,000 motorists. Clive Williams, vehicle disposals

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car mechanics

Manheim celebrates over £1m sales from mobile auction

An innovative mobile auction unit unveiled by Manheim at The Commercial Vehicle Show in 2015 has directly assisted the sale of more than £1 million-worth of vans. Manheim claims that the award-winning facility, which uses mobile technology to create a physical and online auction environment in any location, provides a significant benefit for vendors pushing

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Average selling price for part-exchanges up – Manheim

The average selling price for part-exchange cars in March was £3,600 – 2.6% (£90) higher than in February and 4.7% (£162) up year-on-year. According to Manheim, the strongest performers at its auctions compared to February were executive cars, which saw prices rise by 13.6% (£836) and superminis, the average selling prices of which increased by

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Record-breaking January for van sales at Manheim

Manheim sold a record breaking 41% of vans to online buyers in January – an 11% increase on 2015. Despite auction entries being above average and volumes 18% higher than January 2015, Manheim has seen consistent performance and strong conversion rates, with the gavel going down on 80-90% of commercial vehicles in many sales. While

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car mechanics

Used car average mileage tumbles at Manheim auctions during December

Manheim saw the lowest mileage ex-fleet cars for at least 12 months selling at its auctions in December, with vehicles sold having an average of 55,494 miles on the clock. The car auction business noted that its ex-fleet cars had, on average, 6,000 fewer miles than de-fleeted cars sold in the same month last year.

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car mechanics

Manheim mobile auction a success, says Hitachi Capital

Manheim has deployed its Mobile Auction Unit to sell nearly £500,000 worth of premium vans at a sale in Wiltshire. Manheim achieved a 97% conversion rate on 60 commercial vehicles lots, chosen for their premium specification from Hitachi’s de-fleet stock.  In total, more than 150 physical and online buyers participated in the auction, with a third of

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car mechanics

Manheim adds seven new two-car transporters to fleet

Manheim has added seven new two-car transporters to its existing fleet of 52 vehicles. The single DAF and six Isuzu vehicles, all of which are Euro 6 specification, will go into operation serving Manheim’s auction sites in Birmingham, Bristol, Bruntingthorpe, Haydock, Leeds and Northampton. The Isuzu N75.190E Forward Euro 6 and DAF LF 180 FA

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Marshall renews remarketing deal with Manheim

Marshall Motor Holdings has renewed its exclusive remarketing deal with Manheim. The renewed deal will see 45,000 vehicles offered through Manheim’s physical and online sales channels over the next three years – an average of around 300 per week – covering both part-exchange and ex-lease vehicles from Marshall Leasing, which operates a fleet of over

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September sees stability in used van market with rise in 4×4 values

Manheim once again saw younger and lower mileage stock keep used van values relatively stable in September considering a 42% increase in year-on-year volumes. Values were up 1.5% from August and down slightly (3.8%) compared to 12 months ago, despite the vast increase in units sold in Manheim’s auction halls and online sales channels. The

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Used diesel values rise more than £200

The fall in the pump price of diesel has boosted used car values by more than £200 more than petrol models, according to research by Manheim. Manheim said the fall in the price of diesel below that of petrol in late July resulted in the increase in average used values of diesel cars in August.

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