Manheim has held its first ever offsite car auction. The sale, held for Citroen UK in Windsor, achieved a 100% conversion rate, selling all 222 cars offered, and an average hammer price of 98.2% of CAP Clean.
The sale was facilitated by Manheim’s Mobile Auction Unit and saw a total of 70 buyers gather at a marquee on the banks of the River Thames at Oakley Court in Windsor. Buyers also joined online via Manheim’s Simulcast platform. Of the cars offered, 70% sold to physical buyers with 30% were sold online.
Manheim confirmed this is the first of a series of offsite auctions which will utilise its Mobile Auction Unit.
Paul Drake, Remarketing manager for Citroën UK, said: “We are absolutely delighted to have held an auction that was the first of its kind, and could not be happier with the results that Manheim achieved, both in terms of conversions and sale prices. We know that the time pressures on car dealers are significant, so to be able to deploy Manheim’s Mobile Auction Unit gives buyers access to stock they might have missed in a physical auction.”
