On Feb 23, there will be something for every dealer to “pick up” at Manheim Detroit, where one of the largest-ever truck sales will be held. The Canadian Super Sellers, one of Canada’s largest truck exporters, will make 1,000 4X4 trucks available to buyers helping them stock up to meet growing retail demand.
The sale, which kicks off at Manheim Detroit at 9:30 am, will be the largest-ever truck-only sale to be held at a Manheim Location. “Six of our lanes will run models from every manufacturer ranging from $5,000 to $60,000+ wholesale,” said Mandy Savage, Manheim Detroit general manager. “The Canadian Super Sellers is a valuable partner, offering 50,000+ vehicles at our location for several years.”
“I’m partnering with the Manheim Detroit team to run this specialty sale because they have really helped me grow my buyer base,” says Michael Hymus of The Canadian Super Sellers. “With Manheim’s expertise, and the largest selection of pre-owned, full-size 4x4 trucks in the world, we are ready to offer buyers just what they’re looking for to meet consumer demand and maximize their profits.”
Truck Trends
Now is a good time to invest in truck wholesale inventory. The pickup segment, at a rate of 4.3 percent, was one of only two wholesale vehicle segments whose pricing grew in 2016 according to the Manheim 2017 Used Car Market Report.
“Pick-up trucks are sustaining their value longer because there is not as much inventory in the marketplace,” says Cox Automotive Chief Economist, Tom Webb. “This bucks the current trend that wholesale pricing is slipping from month to month.”
According to Kelly Blue Book, the Toyota Tacoma Double Cab, Chevrolet Colorado Crew Cab and GMC Grand Canyon Crew Cab have the top three highest retention values in the mid-size pickup truck segment. In the full-size segment, Toyota Tundra Double Cab, Nissan Titan Crew Cab and GMS Sierra 1500 Double Cab have the highest retention.
All the vehicles running in the truck sale will feature condition reports and images. First-time buyers from The Canadian Super Sellers will also receive $100 off every vehicle purchased during the sale.
