Manheim® was established in 1945 as a wholesale vehicle auction operation. Manheim continues to set the industry standard for buying and selling used vehicles today.
Manheim is North America’s leading provider of vehicle remarketing services, connecting buyers and sellers to the largest wholesale used vehicle marketplace and most extensive auction network. Through 125 traditional and mobile auction sites and a robust digital marketplace, the company helps dealer and commercial clients achieve business results by providing innovative end-to-end inventory solutions. Approximately 18,000 employees enable Manheim to register about 8 million used vehicles per year, facilitate transactions representing nearly $57 billion in value and generate annual revenues of more than $2.6 billion.
A subsidiary of Atlanta-based Cox Enterprises, Manheim is transforming the wholesale vehicle buying and selling experience through investments in technology and innovative products and services. Manheim markets Simulcast, Simulcast Everywhere, OVE.com, NextGear Capital, Total Resource Auctions, Manheim Frontline, Ready Logistics, Manheim Consulting and other respected brands to the remarketing industry in 11 countries, including Australia, Turkey and the United Kingdom.
Manheim brings together qualified sellers and volume buyers of used vehicles that include automotive dealerships, banks, car rental agencies, car manufacturers and government agencies.
Manheim offers end-to-end solutions from wholesale to retail. Its dealers have access to a reliable and secure market in which to purchase a variety of vehicles that no other remarketing provider can match. Clients can also choose from a range of wholesale services to help sellers get the highest value for their vehicles and help buyers get the best quality. Manheimâs value extends beyond the auction lanes, offering retail-ready services that prepare vehicles to arrive at the dealership ready to be placed on the sale lot.
Categories: Automobile Dealers