Manheim extends Online HGV Auctions

Certain online HGV auctions are supposedly expected not to do so well during an economic downturn. However, instead of taking the time out of the office to go to an auction, Manheim finds that buyers should indeed follow the proceedings online. Group commercial vehicle manager James Davies reveals that Manheim is extending its online HGV auctions from Leeds to entail its Gloucester site. To this he adds:

“We have had calls from numerous customers asking WHEN they will finally be able to follow the Online HGV Auctions at our other sites.”

Furthermore, Davies points out that Manheim is expected to sell 100 – 160 HGVs via these particular online HGV auctions this year. He says:

“When you compare this to the 2, 600 vans that we hope to sell at the Online HGV Auctions this year, it certainly does not seem very much. In fact, we have been selling the vans online for much longer and last year we only sold 816.”

Attempting to continue the overall growth, Manheim is now urging customers to provide reports and pictures with the HGVs they are selling at these online HGV auctions.

“Apart from all that, we are also looking to provide inspections on behalf of buyers. Thus, we are looking at whether we can extend these Online HGV Auctions to include markets such as plant equipment or perhaps something that is similar to this.” Davies says.