While there aren’t a ton of players in this category, dealers continue to report high satisfaction for one company.
by Staff
May 19, 2011
1 min to read
Auction Companies - Traditional
While many dealers purchase inventory via online auctions today, the computer hasn’t replaced the in-the-lane experience for some who prefer to attend physical auctions. While there aren’t a ton of players in this category, dealers continue to report high satisfaction for one company.
With 77 auction locations in the continental United States plus one in Hawaii, Manheim certainly has the reach to meet dealers’ needs, and the dealers reported high satisfaction yet again this year. Manheim achieved Triple Diamond status, collecting its third consecutive Diamond Award this year. This marks the company’s seventh straight award in this category—five Diamond, one Platinum and one Gold.
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
