ATLANTA – December 4, 2020 – Dealers looking to wholesale their inventory right from their lots have another big reason to select the Manheim Express Concierge service. In an industry-first move, Manheim now enables dealers to run Concierge-inspected vehicles located on the dealer lot in a live, auctioneer-led Simulcast sale. This new capability comes as Manheim’s Simulcast audience has grown significantly, with more attendees per lane and more bids per vehicle.
“This latest enhancement shows the power of the Manheim Marketplace—giving dealers a truly connected, omni-channel experience for wholesaling vehicles,” said Connie Suozzo, associate vice president, open digital and offsite, Manheim Digital Solutions. “Sellers now get greater exposure for their offsite vehicles across Manheim.com, OVE and now Simulcast, while buyers have more inventory to bid on in the sale format of their choice.”
Designed for vehicles that have been listed by a Manheim Express Concierge, the new “Manheim Express to Simulcast” capability delivers a more fully connected client experience that benefits both buyers and sellers.
Sellers can get more exposure for their inventory by getting vehicles on their lots in front of one of the world’s largest wholesale buying audiences. Manheim’s Simulcast attendance is larger than ever before, with an approximately 100% increase in Simulcast attendees per lane since March and the beginning of the COVID-19 pandemic in the United States. Additionally, vehicles on Simulcast have shown an increase of 178% in average bids per offering in the same timeframe. And with an approximate 96% increase in average daily vehicles sold on Simulcast, sellers are seeing big results on Manheim’s premier digital wholesale platform.
Buyers, on the other hand, get access to even more inventory during live Simulcast sales. They can shop with confidence knowing that the Manheim Express condition report provides some of the most in-depth information in the industry, including a condition grade. And since all Manheim Express vehicles listed in a Simulcast sale are inspected by a trained Concierge, buyers can be assured that the vehicles are represented accurately.
The Manheim Express Concierge Service is an easier and faster way for dealers to list vehicles in the Manheim Marketplace. By simply requesting a Concierge specialist, dealers will have a trained expert on their lot to bring their listings to life with an in-depth inspection and the industry’s best condition information. All Concierge-inspected vehicle listings come complete with a condition grade; audio and video tags to highlight specifics on the vehicle’s condition (including undercarriage and engine sound); 360° interior and exterior imaging; and OBD2 readings.
Clients who want their eligible vehicles listed in a Simulcast sale can request run reservations and handle pre-registrations as usual. Once vehicles are pre-registered, a local Manheim auction team member will take care of the rest. Dealers who haven’t already discovered all the benefits of the Concierge service can request a specialist through the Manheim Express app, on ManheimExpress.com or by contacting their local Manheim sales rep.
About Manheim
Manheim, the nation’s leading provider of end-to-end wholesale vehicle solutions, is celebrating 75 years as an industry innovator, driving success for clients, the company, its employees and the industry. The dream of five men who auctioned off a handful of cars in 1945 from a single-lane location in Manheim, Pennsylvania launched a company that today offers 7 million used vehicles annually and facilitates transactions representing nearly $67 billion in value with the grit and determination of our team members. Through its physical, mobile and digital sales network, Manheim offers services for decisioning, buying and selling, floor planning, logistics, assurance and reconditioning. Operating the largest vehicle wholesale marketplace, Manheim provides clients with more efficient ways to connect and transact business how and when they want. Headquartered in Atlanta, Manheim is a Cox Automotive™ brand. For more information, visit http://press.manheim.com