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.

If you liked the article, share on:

Comments

Recommended

The primary suggestion of a 4x4 ute from French company Peugeot was first revealed in 2016. Fifteen months later, the production version is launched. Now, Peugeot is not shying away...
by - June 24, 2017
The new Jaguar E-Pace crossover will soon hold its official launch on July 13 and is expected to arrive at the showrooms by early next year. It couldn’t have come...
by - June 24, 2017
As prices of the original Shelby Cobra have skyrocketed into astronomical proportions, there are firms like Superformance that serve replicas to consumers who demand the same levels of performance at...
by - June 24, 2017
New and improved 2018 Subaru Legacy comes packed with a number of upgraded features from the get go - from the exterior to the interior. And the company has finally...
by - June 23, 2017
In an interview involving Lamborghini CEO Stefano Domenicali and Automotive News, the topic about the Urus was thoroughly discussed. This super SUV is scheduled to make its debut later this...
by - June 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries