ATLANTA – In response to severe weather conditions in the Midwest and East Coast, Manheim is responding by waiving online fees for vehicles purchases through Simulcast and facilitation fees for vehicles purchased through OVE.com to assist dealers. The fee waivers are effective from Jan. 6 through Jan. 31, 2014, and apply on all open and closed sales at 42 locations in the Mid-Atlantic, Midwest, Northeast, Southeast, North Central and Texas Markets. The Southeast and Texas markets were added earlier today.
As January is typically a slower month for vehicle sales, limited access to physical auctions due to the harsh weather conditions can adversely affect a dealers’ business. Providing dealer buyers with a wide selection of vehicles via online and digital channels, while they wait for harsh weather conditions to improve, can help buffer potential weather-related revenue losses.
“Our employees are making every effort to list cars online as fast as possible, ensuring customers in these four markets continue to have access to the most inventory, despite the tough weather conditions,” said Nick Peluso, senior vice president of customer management. “Dealers rely on us to meet their vehicle buying needs 24/7, and we want to do all we can to help them maintain business momentum economically and safely as they start the New Year.”
The short-term changes listed above apply to all vehicles onsite at the following 42 Manheim locations:
*Total Resource Auctions locations
About Manheim (www.manheim.com)
Manheim is the leading global provider of vehicle remarketing services, connecting buyers and sellers of used vehicles to the largest wholesale used-vehicle marketplace. The company helps dealer and commercial customers achieve results by providing physical and digital auction channels, data analysis, financing, transportation and mobile products and solutions.
Manheim pioneered in-lane vehicle auctions and has been an innovator in both digital and mobile auction platforms. Manheim registers nearly 8 million used vehicles annually, facilitating transactions representing more than $50 billion in value. Manheim’s research and consulting arm, Manheim Consulting, provides industry-leading market intelligence and publishes the widely recognized annual Used Car Market Report. The company offers dealer financing though NextGear Capital, Inc., and transportation services through Ready Auto Transport.
Headquartered in Atlanta, Manheim has more than 20,000 employees in 107 worldwide sites and generates annual revenues of more than $2.5 billion. A subsidiary of Cox Enterprises, Manheim participates in “Go Green with Manheim,” the company’s sustainability program.