Manheim adds 16 auctions to Simulcast program

Article by Anita Panait, on January 31, 2014

Manheim has introduced 16 auctions in its Southeast and Texas markets into its Simulcast program that targets to assist dealers whose access to physical auctions might be hindered by severe winter weather.  The program entails waiving online fees for dealers who purchase vehicles at select auctions on the Manheim's Simulcast platform.

It also entails waiving facilitation fees for dealers who purchase vehicles at those auctions on OVE.com. The expanded program for online purchases at the auctions will last until the end of January. "Our employees are making every effort to list cars online as fast as possible," Nick Peluso, senior vice president of customer management, remarked.

He said that their goal is to ensure customers "continue to have access to the most inventory, despite the tough weather conditions." The initial program was launched on Jan. 6, 2014 and covers vehicle purchases from auction sites located in Manheim's Mid-Atlantic, Midwest, Northeast and North Central markets.

With the addition of the new sites, the program now covers 42 auctions. Manheim currently has 65 auction sites in the United States and five in Canada. Simulcast enables dealers to take part in Manheim physical auctions from a remote location while OVE.com is the company’s online-only used-vehicle site. Manheim's program allows dealers to buy cars online at a lower cost during a period when they cannot attend an auction physically due to the weather.

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