Manheim claims to have broken new ground by holding the UK’s first exclusively online auction for LCVs.
The sale, which took place in August, offered 102 Lex Autolease vans to a virtual audience of buyers. Manheim’s Online Bruntingthorpe team delivered the auction, which saw 125 buyers log on and achieved an 89% conversion rate that amounted to a sales value of almost £500,000.
Buyers assessed the vans through viewing inspection reports and zoom imagery rather than by watching them being driven by the rostrum. They also received a live audio and video feed of the auctioneer conducting the sale and benefited from Manheim’s Van Check, a 21 point mechanical inspection package that provides buyers with a money-back guarantee.
James Davis (pictured), Manheim’s CV boss, said: “I’ve no doubt our industry will look back in years to come and acknowledge this online sales result as a significant milestone in the history of van remarketing.”